Use the Following Scenario to Answer the Following Questions

question 92

Multiple Choice

Use the following scenario to answer the following questions:
Chuck Diesel Burger is a food truck in Houston,Texas.Imagine that Chuck Diesel Burger's minimum average total cost (ATC) is $3.75 and that its minimum average variable cost (AVC) is $2.50.Assume there are no barriers to entrer into or exit from the food-truck market.
-Chuck Diesel Burger will shut down if the price is equal to

• A) $4.00.
• B) $3.75.
• C) $3.00.
• D) $2.50.
• E) $2.00.

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Definitions:

Aversion Therapy

A type of behavioral therapy that involves repeated association of a problematic behavior with an unpleasant stimulus to reduce the occurrence of the behavior.

Behavioural Therapy

A therapeutic approach focusing on altering unwanted behaviors through various techniques like conditioning.

Smoking Habit

The regular practice of smoking tobacco, often leading to nicotine addiction and associated health risks.

Aversion Therapy

A type of behavioral therapy that involves pairing an unwanted behavior with discomfort to condition an aversion to the behavior.