Refer to the Accompanying Graph

question 31

Multiple Choice

Refer to the accompanying graph. If this firm is a price taker, then when the price of each unit if output is $15, what is this firm's profit-maximizing level of output?

• A)0
• B)45
• C)60
• D)80

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Definitions:

Dizygotic Twins

Also known as fraternal twins, these are two siblings born at the same time who have developed from two different eggs fertilized by two different sperm cells.

Homozygous

Describes an organism with two identical alleles for a particular trait or gene.

Heterozygous

Possessing two different alleles of a gene, one inherited from each parent, resulting in variation of a genetic trait.

Infant Mortality

Death within the first year of life.