The Table Shows the Quantity of Gold Bars (Qb) in Thousands

question 40

Multiple Choice

The table shows the quantity of gold bars (Qb) in thousands, the extraction cost for each thousand bars (in millions of dollars) , and the user cost of each thousand bars (in millions of dollars) facing the OZ Mining Company this year.Suppose that a new government regulation is going to shut down OZ's mining operation one year from now.If the current price per bar of gold is $25,000, how many bars (in thousands) should OZ extract and sell this year?

• A)3
• B)4
• C)5
• D)As many as possible.

---

Definitions:

Productive

Relating to the ability to produce a significant amount or result, especially in terms of goods or services.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.

Automated Production

Automated production involves the use of various technologies and machinery to streamline production processes, reducing human intervention and increasing efficiency.

Per-Unit Costs

The average cost associated with producing one unit of a good or service, calculated by dividing total costs by the number of units produced.