The Following Table Shows the Cost of Producing Different Units

question 51

Multiple Choice

The following table shows the cost of producing different units of ball point pens by a firm. Table 7.1
Refer to Table 7.1.What will be the average fixed cost of producing five ball point pens?

• A)$2
• B)$5
• C)$4
• D)$3.33
• E)$10

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Definitions:

Hide Purpose

Concealing the true intention or objective behind an action, statement, or strategy, typically to deceive or mislead.

Selling Points

Key attributes or advantages of a product or service that are emphasized in marketing to attract potential buyers.

Benefits

Advantages or positive outcomes that result from a specific action, policy, or product, contributing to well-being or success.

Indirect Approach

A method of communication where the main point is not directly stated but implied.