A Furniture Maker Currently Produces 100 Tables Per Week and Sells

question 53

Multiple Choice

A furniture maker currently produces 100 tables per week and sells them for a profit.She is considering expanding her operation in order to make more tables.Should she expand

• A)Yes, because making tables is profitable.
• B)No, because she may not be able to sell the additional tables.
• C)It depends on the marginal cost of producing more tables and the marginal revenue she will earn from selling more tables.
• D)It depends on the average cost of producing more tables and the average revenue she will earn from selling more tables.

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Definitions:

Conservation of Matter

A scientific law stating that matter cannot be created or destroyed in an isolated system, only transformed.

Pollution

The introduction of contaminants into the natural environment that causes adverse change, affecting air, water, and land quality.

Industrial Heat

Refers to the thermal energy generated and used in industrial processes, often involving the production and manufacturing sectors.

Concentrated Geothermal

Refers to the process of harnessing geothermal energy in high-temperature areas beneath the Earth's surface to generate electricity or heat directly.