-The Table Above Shows a Total Product Schedule

question 206

Multiple Choice

-The table above shows a total product schedule.Suppose that labor costs $20 per worker and fixed costs are $60.The average variable cost of producing 80 units equals ________ per unit.

• A) $0.75
• B) $1.00
• C) $1.75
• D) $20
• E) $0.25

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Definitions:

Social Concerns

involve issues that affect society as a whole, including poverty, inequality, and environmental protection.

Worker Satisfaction

The level of contentment employees feel about their job roles, workplace environment, and organizational policies, influencing their productivity and loyalty.

Increased Output

Refers to the enhancement in the quantity or quality of goods and services produced by an organization.

Physiological Needs

Basic human needs that are essential for survival, such as food, water, shelter, and sleep, as identified in Maslow's hierarchy of needs.