For a Firm with More Than One Source of Output

question 23

Multiple Choice

For a firm with more than one source of output with differing cost structures, its ________ will be minimized when its ________ are equalized across sources.

• A) marginal production costs; production levels
• B) total production costs; production levels
• C) total production costs; marginal production costs
• D) marginal production costs; total production costs

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Definitions:

DNA Evidence

Genetic material used in courts or investigations to prove the presence or absence of an individual at a crime scene, or to establish paternity or other relationships.

Protists

The group of eukaryotic organisms that are not a plant, fungus, or animal. Protists are generally a microscopic, complex single cell; they evolved before other types of eukaryotes in the history of Earth.

Common Ancestor

The most recent individual from which all organisms in a group are directly descended.

Green Algae

Members of a diverse group of photosynthetic protists; contain chlorophylls a and b and have other biochemical characteristics like those of plants.