Use the figure to answer the following question(s) .
Figure 9-9 
-The average total cost (ATC) and marginal costs (MC) of a firm producing in a price-taker industry are depicted in Figure 9-9. If the current market price of the firm's product is $50, what output should this firm produce per day?
Definitions:
Prototype
In person perception, an abstraction that represents the “typical” or quintessential instance of a class or group.
Implicit Personality Theory
A set of unstated assumptions about which personality traits are correlated with one another.
Stereotype
A generalized belief or assumption about the characteristics of a particular group or category of people.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method, or decision.
Q24: Suppose all automobile manufacturers have collusively agreed
Q58: If the Fed wanted to expand the
Q90: Refer to Table 13-2. If the reserve
Q98: Which of the following is the best
Q99: A reserve requirement of 20 percent implies
Q121: In order for the law of diminishing
Q141: In recent years, the Fed has generally
Q163: In the short run, the marginal cost
Q173: Fiat money is money<br>A) that has little
Q199: Which of the following would cause the