Use the Following Scenario to Answer the Questions

question 28

Multiple Choice

Use the following scenario to answer the questions:
Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000, and his fixed costs are $450,000 per year. Last year, Steve sold 1,200 bikes.
-Steve's average fixed cost was __________ per bike.

• A) $600
• B) $625
• C) $1,000
• D) $2,000
• E) $375

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Definitions:

Referential Integrity

A concept in relational databases ensuring that relationships between tables remain consistent, typically enforced through the use of foreign keys.

Subdatasheet

A feature in databases that allows a user to view and edit related data from another table or query embedded within the main table.

Field's Properties

Attributes or settings that define characteristics of a database field, such as type, size, and default value.

Bonus Column

An additional column in a table or spreadsheet that is used to display extra information or calculations not included in the main data set.