Use the Figure to Answer the Following Question(s)

question 28

Multiple Choice

Use the figure to answer the following question(s) .
Figure 9-4
-If the market price of the product in Figure 9-4 rose to $8, indicate the firm's profit-maximizing output and total revenue.

• A) output, 5 million; total revenue, $30 million
• B) output, 5 million; total revenue, $40 million
• C) output, 6 million; total revenue, $10 million (approx.)
• D) output, 6 million; total revenue, $48 million

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Definitions:

Biodiversity Hotspot

A region that is both a significant reservoir of biodiversity and is threatened with destruction.

Biodiversity Hotspot

A biogeographic region with a significant reservoir of biodiversity that is under threat from humans.

In Situ Conservation

The preservation of species within their natural habitats as a conservation strategy, in contrast to ex-situ efforts like zoos or seed banks.

In Situ Conservation

The conservation of genetic resources in natural populations of plant or animal species, such as the conservation of forest genetic resources in natural populations of tree species.