Assume a Firm Is Producing 800 Units of Output,and It

question 378

Multiple Choice

Assume a firm is producing 800 units of output,and it sells each unit for $6.Its average total cost is $4.Its profit is

• A) $-1,600.
• B) $1,600.
• C) $3,200.
• D) $8,000.

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Definitions:

Expressive Role

A term in sociology referring to the responsibility for maintaining emotional comfort and harmony within the family.

Structural-functional Theory

A sociological theory that views society as a complex system whose parts work together to promote solidarity and stability.

Latent Functions

Unintended, unrecognized consequences of activities that help a system adjust.

Manifest Functions

The recognized and intended consequences of any social pattern, process, or structure.