Use the Figure to Answer the Following Question(s)

question 220

Multiple Choice

Use the figure to answer the following question(s) .
Figure 11-7

The demand and cost conditions in an industry are as depicted in Figure 11-7. In the viewpoint of economic efficiency, what would the ideal price and output be?

• A) price, $7; quantity produced, 100
• B) price, $10; quantity produced, 170
• C) price, $14; quantity produced, 100
• D) price, $7; quantity produced, 200

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Definitions:

Planetary Gearset

A mechanical system that consists of one or more outer gear wheels (planet gears) revolving around a central (sun) gear.

Carrier

A part of a vehicle’s differential that houses the differential gears, supporting them and distributing torque to the wheels.

Sun Gear

A central gear which is part of a planetary gear system, interacting with planetary gears to transmit power in automatic transmissions and other mechanisms.

Hydromechanical Transmission

A type of transmission that combines hydraulic and mechanical systems to transfer power from the engine to the wheels or other machinery.