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

question 350

Multiple Choice

Refer to the data provided in Table 9.4 below to answer the question(s) that follow.
Table 9.4
$$\begin{array} { c c c c c c c } \text { q } & \text { TFC } & \text { TVC } & \text { TC } & \text { MC } & \text { AVC } & \text { ATC } \\\hline 0 & \$ 100 & \$ 0 & \$ 100 & - - & - - & - - \\\hline 1 & 100 & 40 & 140 & 40 & 40 & 140 \\\hline 2 & 100 & 60 & 160 & 20 & 30 & 80 \\\hline 3 & 100 & 90 & 190 & 30 & 30 & 63.33 \\\hline 4 & 100 & 124 & 224 & 34 & 31 & 56 \\\hline 5 & 100 & 180 & 280 & 56 & 36 & 56 \\\hline 6 & 100 & 264 & 364 & 84 & 44 & 60.67 \\\hline 7 & 100 & 372 & 472 & 108 & & 67.42 \\\hline\end{array}$$
-Refer to Table 9.4. If the market price is $40, then to maximize profits this firm should produce

• A) zero units of output.
• B) one unit of output.
• C) two units of output.
• D) an output level of about four.

---

Definitions:

Hypertonic Solution

A solution that has a higher concentration of solutes outside the cell than inside, causing water to leave the cell, potentially leading to cell shrinkage or crenation.

Red Blood Cell

Cells in the blood that carry oxygen from the lungs to the rest of the body and return carbon dioxide for expulsion.

Evaporation Process

The transformation of a liquid into vapor or gas, typically involving heat absorption.

Burned Areas

Damaged tissue caused by exposure to heat, chemicals, electricity, radiation, or sunlight.