Dr Teer Emphasized in Class That the Program Evaluation Process

question 30

Multiple Choice

Dr. Teer emphasized in class that the program evaluation process is composed of three general main phases: develop a plan, _____, and communicate the results.

• A) gather and analyze the data
• B) identify key stakeholders
• C) interpret data
• D) report the results

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Definitions:

Average Total Cost

The per unit cost of production, calculated by dividing the total costs by the quantity of output produced.

Profit-maximizing

A strategy or point at which a business makes the greatest financial gain, where marginal revenue equals marginal cost.

Total Revenue

The overall income generated by a business from its sales or services before any costs or expenses are subtracted.

Total Cost

The sum of fixed and variable costs incurred by a firm in producing and selling a product.