Remove Parentheses and Simplify

question 91

Multiple Choice

Remove parentheses and simplify.
--7.6(3r + 9) + 8.5(4r + 6)

• A)-4.6r + 1.4
• B)11.2r + 9
• C)11.2r - 17.4
• D)-91.2r

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Definitions:

Average Total Cost

The total cost of production divided by the total quantity produced, representing the cost per unit of output.

Profit-maximizing

A strategy or behavior where a firm aims to achieve the highest possible profit from its operations, considering costs, revenue, and market conditions.

Zero Economic Profit

A scenario where a firm's total revenues are exactly equal to its total costs, indicating no abnormal profit beyond the normal rate of return.

Short Run

A period in which at least one factor of production is fixed, limiting the ability of a firm to adjust to changes in market demand.