Refer to the Information Provided in Figure 15

question 33

Multiple Choice

Refer to the information provided in Figure 15.6 below to answer the question(s) that follow. Figure 15.6
-Refer to Figure 15.6. If Trollio's T-shirts is producing 50 silk-screened T-shirts and selling each T-shirt at $16, then in the long run this firm should

• A) exit the industry, as it is earning a zero economic profit.
• B) increase output to 60 silk-screened T-shirts.
• C) reduce output to try to increase profits.
• D) continue to produce 50 silk-screened T-shirts and sell each T-shirt for $16.

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Definitions:

Embryo

An early stage of development in multicellular organisms after fertilization and before the fetus stage in humans.

Conception

The union of a sperm cell and an ovum that occurs when the chromosomes of each of these cells combine to form 23 new pairs.

Infants

Young children from birth to one year of age, who are in the earliest stages of childhood development.

Speech Sounds

The distinct units of sound in a language that distinguish one word from another.