The Accompanying Graph Shows the Cost Curves for a Competitive

question 23

Multiple Choice

The accompanying graph shows the cost curves for a competitive firm. If the market price of the product is $1.05 per unit, then the firm will produce how many units in the short run?

• A)between 0 and 15
• B)between 15 and 20
• C)between 20 and 35
• D)above 35

---

Definitions:

Prothrombin

A protein present in blood plasma that is converted into active thrombin during coagulation, playing a key role in blood clotting.

Thrombin

A blood plasma enzyme that initiates blood clotting by converting fibrinogen into fibrin, crucial for stopping bleeding.

Blood Grouping

The classification of human blood based on the presence or absence of inherited antigenic substances on the surface of red blood cells.

Antigens

Substances that are recognized by the immune system and elicit an immune response.