Refer to the table below. The average variable cost of producing 3 units of output is:





A. $9.33

B. $10

C. $12.67

D. $38

A. $9.33

Economics

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Which of the following statements is true?

A) A nation's institution comprises of the rules and regulations in the nation, while a nation's culture comprises of the saving habits of its citizens. B) A nation's culture comprises of both the saving habits of its citizens and the rules and regulations in the nation. C) A nation's culture comprises of both the ongoing tax rate and the rules and regulations in the nation. D) A nation's culture comprises of the ongoing tax, while a nation's institutions comprises of the rules and regulations in the nation.

Economics

The practice of "kiting" as a means of overstating cash is possible only if the client maintains two or more bank accounts.

a. true b. false

Economics