2012-10-30, 11:14 AM
Marksman Bryan Wrote:-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
I'm going to say it's $3.00 because it's $9.00/3 pies...
Today was a pretty disastrous day. I got two calls for a job interview yesterday but I didn't realize that they were both from the same company that said I could walk in for an interview any time and NOT the one that wanted me to go for an interview today at 9:30 am. To make things worse, they were both at about the same area and when I called the mobile number just to check if they were at the right place I got Interviewer A, who of course said that I was (I was just beside their office).
As I was doing the aptitude exam I got a call from the guy that was going to interview me so we re-scheduled to tomorrow. Hoo boy.