Refer to the Figure Below

question 25

Multiple Choice

Refer to the figure below. If the market for doughnuts is perfectly competitive, and the price of a doughnut is 25 cents, then this firm should:

• A)shut down.
• B)produce 90 doughnuts.
• C)produce 80 doughnuts.
• D)produce 50 doughnuts.

---

Definitions:

Earthquakes

Earthquakes are the shaking of the surface of the Earth resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves.

Median

The central figure in an arranged sequence of values, splitting the collection of data into two equal parts.

Magnitudes

Measures or levels of size, volume, amount, or extent of physical quantities or statistical values, often used in comparisons.

Variance

A statistical measure of the dispersion or spread of data points in a data set, indicating how far each data point in the set is from the mean.