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

question 291

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 $84, then this firm will maximize profits by producing ________ unit(s) of output and its profits will be ________.

• A) five; $140
• B) six; $140
• C) six; $240
• D) seven; $116

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Definitions:

Mental States

Refers to the conditions of the mind or brain, including thoughts, feelings, perceptions, and intentions.

Preschoolers' Understanding

The level of comprehension and knowledge that children of preschool age (typically 3-5 years old) have about various concepts and phenomena.

Theory of Mind

The ability to understand that others have beliefs, desires, intentions, and perspectives that are different from one's own.

Origins of Knowledge

The beginning point or initial development of understanding, ideas, or theory.