At the Beginning of the School Year,each Classroom Was Given

question 19

Multiple Choice

At the beginning of the school year,each classroom was given one box of copy paper to make all their copies for the year.How do you think the teachers will be able to make that one box last all year long?

• A) Email all the documents home,so the students can print them out there.
• B) Have students share copies and rotate who turns it in so each time one student gets a grade.
• C) Ask each parent to donate a box of paper so more copies can be made.
• D) Place as many documents as possible online,reducing the need for paper printouts.

---

Definitions:

Shutdown Condition

A criterion in economics indicating the point at which a firm's revenue is not sufficient to cover its variable costs, prompting it to cease operations.

Marginal Cost Curve

A curve that graphically represents the cost of producing one additional unit of a good, typically illustrating how marginal cost varies with the quantity produced.

Competitive Firm

A company operating in a market where it has to set its prices based on the market conditions because it has little to no influence over the market prices.

Output Rises

An increase in the amount of goods or services produced by a company or economy.