Which of the Following Expressions Can Be Used to Calculate

question 44

Multiple Choice

Which of the following expressions can be used to calculate the producer surplus (PS) ?

• A) PS = profit * output
• B) PS = profit + fixed cost
• C) PS = variable cost - fixed cost
• D) PS = average cost * output

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Definitions:

Zygote

Diploid cell resulting from the union of a sperm cell and an oocyte.

Identical Twins

Twins that develop from a single zygote splitting early in development, sharing 100% of their DNA.

Dizygotic

Pertaining to twins that develop from two different eggs fertilized by two different sperms, also known as fraternal twins.

Pluripotent

In development, a cell or group of cells that have not yet become fixed or determined as to what specific tissues they are going to become.