2012-10-30, 10:53 AM
-facedesk-
Economics 101:
"Average fixed cost = Fixed Cost/Quantity produced"
"FC = $9; produced three pies; first pie costs $1.00 and each additional costs 50% more (distraction info)."
"What's AFC? Remember, fixed cost doesn't change."
A) $1.00
B) $1.25
C) $2.25
D) $3.00
40% of the class got it right...... even if you can't divide 9 by 3 (there's been difficulty calculating the area of a triangle before) only one answer even comes close to making sense..
omg I can't take this class anymore
Economics 101:
"Average fixed cost = Fixed Cost/Quantity produced"
"FC = $9; produced three pies; first pie costs $1.00 and each additional costs 50% more (distraction info)."
"What's AFC? Remember, fixed cost doesn't change."
A) $1.00
B) $1.25
C) $2.25
D) $3.00
40% of the class got it right...... even if you can't divide 9 by 3 (there's been difficulty calculating the area of a triangle before) only one answer even comes close to making sense..
omg I can't take this class anymore