Use the Information Below to Answer the Following Questions

question 44

Multiple Choice

Use the information below to answer the following questions.
Fact 12.4.1
Franklin is a fiddlehead farmer. He sold 10 bags of fiddleheads last month, with total fixed cost of $100 and total variable cost of $50.
-Refer to Fact 12.4.1. If the price of fiddleheads last month was $15 per bag, Franklin

• A)should have shut down because total revenue did not cover total variable cost.
• B)incurred an economic loss of $135.
• C)made zero economic profit.
• D)made an economic profit of $50.
• E)made an economic profit of $100.

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Definitions:

Medicare Hospice Benefit

A provision under the U.S. Medicare program that covers palliative and supportive services for terminally ill patients, focusing on comfort and quality of life.

Interprofessional Core Team

A group of healthcare professionals from different specializations working collaboratively towards patient-centered care.

Physical Therapists

Healthcare professionals who specialize in the physical treatment of patients to alleviate pain and improve or restore mobility.

Home Health Aides

Caregivers who provide in-home assistance with activities of daily living, healthcare tasks, or both.