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

question 244

Multiple Choice

Refer to the data provided in Table 9.3 below to answer the following question(s) .
Table 9.3
$$\begin{array} { c c c c c c c } \text { q } & \text { TFC } & \text { TVC } & \text { TC } & \text { MC } & \text { AVC } & \text { ATC } \\\hline 0 & \$ 100 & \$ 0 & \$ 100 & - - & - - & - - \\\hline 1 & 100 & 40 & 140 & 40 & 40 & 140 \\\hline 2 & 100 & 60 & 160 & 20 & 30 & 80 \\\hline 3 & 100 & 90 & 190 & 30 & 30 & 63.33 \\\hline 4 & 100 & 124 & 224 & 34 & 31 & 56 \\\hline 5 & 100 & 180 & 280 & 56 & 36 & 56 \\\hline 6 & 100 & 264 & 364 & 84 & 44 & 60.67 \\\hline 7 & 100 & 372 & 472 & 108 & & 67.43 \\\hline\end{array}$$
-Refer to Table 9.3. If the market price is $34, then in the long run the firm will

• A) operate and expand.
• B) operate but not expand.
• C) shut down, but not go out of business.
• D) go out of business.

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Definitions:

Effective Leadership

The ability to inspire and guide individuals or groups toward achieving goals and objectives successfully.

Categories

Classifications or groupings based on shared characteristics or themes, used to organize items, ideas, or information.

Common Method

A widely used or accepted approach or technique for achieving a task or objective.

Leadership Effectiveness

The measure of a leader's success in influencing and guiding individuals or groups towards achieving their objectives.