Use the Following to Answer Question

question 19

Multiple Choice

Use the following to answer question:
-(Table: Total Cost and Output) Use Table: Total Cost and Output,which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm.What is the minimum price that Sergei needs to receive for a tub of ice cream to stay in business in the short run?

• A)$10.00
• B)$20.00
• C)$33.33
• D)$36.67

---

Definitions:

Elected President

An individual who has been formally chosen through a voting process to hold the presidential office in a nation or organization.

Republic

A form of government in which power resides with elected individuals representing the citizen body and government leaders exercise power according to the rule of law.

Sitting on a Man

A traditional form of protest among the Igbo people, where women publicly shame a man to settle grievances.

Igbo Women

Female members of the Igbo people, an ethnic group primarily located in southeastern Nigeria, with distinct social, cultural, and historical identities.