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

question 356

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 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:

Proximal Convoluted Tubule

Part of the nephron that extends from the glomerulus to the descending limb of the loop of Henle.

Collecting Duct

Straight tubule that extends from the cortex of the kidney to the tip of the renal pyramid. Filtrate from the distal convoluted tubes enters the collecting duct and is carried to the calyces.

Excretory Organ

Organs involved in the removal of waste products and excess substances from the body, including kidneys, liver, lungs, and skin.

Glomerular Endothelium

The inner lining of the glomerulus in the kidney, involved in the filtration of blood to form urine.