Use the Information Below to Answer the Following Questions

question 44

Multiple Choice

Use the information below to answer the following questions.
Fact 12.4.1
Franklin is a fiddlehead farmer. He sold 10 bags of fiddleheads last month, with total fixed cost of $100 and total variable cost of $50.
-Refer to Fact 12.4.1. If the price of fiddleheads last month was $15 per bag, Franklin

• A)should have shut down because total revenue did not cover total variable cost.
• B)incurred an economic loss of $135.
• C)made zero economic profit.
• D)made an economic profit of $50.
• E)made an economic profit of $100.

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Definitions:

Efferent Arteriole

Vessel that carries blood from the glomerulus to the peritubular capillaries.

Glomerular Capillaries

are specialized capillaries within the kidneys that are involved in the filtration process of blood to form urine.

Fenestrae

Small openings or pores, often found in the capillary endothelial cells, which allow for the exchange of substances between blood vessels and tissues.

Filtration Membrane

a physical barrier through which substances are separated based on size or charge during the filtration process, often found in the kidneys.