"No More Than Three Posting Errors Per Month Can Occur

question 40

Multiple Choice

"No more than three posting errors per month can occur on average." Which component of the job description would this statement belong to?

• A) Job identification
• B) Performance standards
• C) Job summary
• D) Relationships
• E) Responsibilities and duties

---

Definitions:

Marginal Cost Curve

A graphical representation showing how the cost to produce one additional unit of a good changes as the production volume is increased.

Average Variable Cost Curve

A graph that displays how the variable cost per unit changes with changes in output level.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one more unit of a good varies as the production level increases.

Average Total Cost

The total cost of production divided by the quantity of output produced; it combines all fixed and variable costs per unit of output.