Suppose That for 20 Bicycles,the Total Fixed Cost Is $100

question 61

Multiple Choice

Suppose that for 20 bicycles,the total fixed cost is $100 and total variable cost is $300.Then the average fixed cost and average variable cost are:

• A)$5 and $10 respectively.
• B)$5 and $15 respectively.
• C)$10 and $15 respectively.
• D)$15 and $10 respectively.
• E)$10 and $5 respectively.

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Definitions:

Perceived Distance

The subjective estimation or impression of the space between oneself and an object or between two points.

Smaller Retinal Image

refers to the phenomenon where objects that are farther away from the observer project a smaller image on the retina than those that are close by.

More Distant

Being more distant refers to a position that is further away in space or time, or to relationships that are less close or less involved emotionally.

Perceptual Constancy

Perceiving objects as unchanging (having consistent shapes, size, lightness, and color) even as illumination and retinal images change.