Answer the Question on the Basis of the Accompanying Table $$\begin{array} { c r } \text { Output } & \text { ATC } \\\hline 1 & \$ 40 \\2 & 27 \\3 & 29 \\4 & 31 \\5 & 38\end{array}$$

question 112

Multiple Choice

Answer the question on the basis of the accompanying table that shows average total costs (ATC) for a manufacturing firm whose total fixed costs are $10: $$\begin{array} { c r } \text { Output } & \text { ATC } \\\hline 1 & \$ 40 \\2 & 27 \\3 & 29 \\4 & 31 \\5 & 38\end{array}$$ Refer to the data.The profit-maximizing level of output for this firm:

• A) is 3.
• B) is 4.
• C) is 5.
• D) cannot be determined from the information given.

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Stress

A physical, mental, or emotional factor that causes bodily or mental tension and may be a factor in disease causation.

Crowded

Characterized by a high density of people or objects in a particular area, often leading to a sense of limited space.

Type A Personality

A behavior pattern characterized by competitiveness, urgency, aggression, and a constant struggle to achieve more in less time.

Calm

A state of peace and tranquility, free from agitation, excitement, or disturbance.