In the Table Below,the Capital Stock Is Fixed at 40

question 24

Multiple Choice

In the table below,the capital stock is fixed at 40 units,the price of capital is $15 per unit,and the price of labor is $80 per unit. If the firm produces 40 units of output,what is average fixed cost?

• A)$7.50
• B)$25
• C)$120
• D)$600
• E)none of the above

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Definitions:

SWAT Units

Specialized police units that deal with high-risk operations that fall outside of the abilities of regular officers, such as hostage situations and counter-terrorism.

Street Level Policing

Describes law enforcement activities and interactions that occur directly between police officers and the public, typically on patrol in communities.

Coping Strategies

Techniques or methods used to manage or overcome stress, difficulties, or trauma in one's life.

Support System

A network of individuals or organizations that provide emotional, informational, and practical help to someone in need.