Refer to the Data Provided in Table 9 -Refer to Table 9

question 41

Multiple Choice

Refer to the data provided in Table 9.1 below to answer the question(s) that follow.
Table 9.1 $$\begin{array} { l l l l l l l } \text { q } & \text { TFC } & \text { TVC } & \text { TC } & \text { MC } & \text { AVC } & \text { ATC } \\\hline 0 & \$ 50 & \$ 0 & \$ 50 & - - & - - & - - \\1 & 50 & 20 & 70 & 20 & 20 & 70 \\2 & 50 & 30 & 80 & 10 & 15 & 40 \\3 & 50 & 45 & 95 & 15 & 15 & 31.67 \\4 & 50 & 62 & 112 & 17 & 15.50 & 28 \\5 & 50 & 90 & 140 & 28 & 18 & 28 \\6 & 50 & 132 & 182 & 42 & 22 & 30.33 \\7 & 50 & 186 & 236 & 54 & 26.57 & 33.71 \\\hline\end{array}$$
-Refer to Table 9.1. If the market price is $42, then for this firm to maximize profits it should produce ________ units of output and its profits will be ________.

• A) five; $70
• B) six; $70
• C) six; $120
• D) seven; $58

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Definitions:

Public Interest

The welfare or well-being of the general public, often used to justify policies, interventions, or actions aimed at providing collective benefits.

Cooperation Between Police And The Media

The collaborative relationship between law enforcement agencies and news media outlets to share information that is beneficial to the public.

Inner-City Areas

Regions located near the central business district of a city, often characterized by higher density, older housing, and sometimes socio-economic challenges.

Media Coverage

The reporting of events and topics by various outlets such as television, newspapers, and the internet.