Use the Following to Answer Question

question 246

Multiple Choice

Use the following to answer question:
Figure: The Profit-Maximizing Output and Price
-(Figure: The Profit-Maximizing Output and Price) Use Figure: The Profit-Maximizing Output and Price.Assume that there are no fixed costs and AC = MC = $200.If this were a perfectly competitive industry,consumer surplus would be:

• A)$0.
• B)$6,400.
• C)$1,600.
• D)$3,200.

---

Definitions:

Diversity Advocate

An individual who actively supports and promotes the inclusion and appreciation of different cultures, backgrounds, and perspectives within a community or organization.

Employment Selection

The process of evaluating and choosing individuals for employment positions, involving various methods such as interviews, tests, and background checks.

Women And Minorities

Refers to groups often underrepresented in various sectors, facing unique challenges and barriers.

Prejudicial

Relating to or exhibiting prejudice, which involves preconceived opinions that are not based on reason or actual experience.