Use the Figure to Answer the Following Question(s)

question 60

Multiple Choice

Use the figure to answer the following question(s) .
Figure 9-4
-At the market price of $6 in Figure 9-4, indicate the firm's total revenue and total cost at its profit-maximizing level of output.

• A) total revenue, $30 million; total cost, $22.5 million (approx.)
• B) total revenue, $30 million; total cost, $30 million
• C) total revenue, $40 million; total cost, $30 million
• D) total revenue, $48 million; total cost, $38 million (approx.)

Identify and analyze the outcomes of affirmative action and welfare policies.

Understand the dynamics of racial disparities in terms of wealth inheritance and accumulation.

Recognize the significance of ethnic enclaves in the socioeconomic integration of immigrants.

Understand the historical and social context behind mass incarceration policies.