Use the Following Scenario to Answer the Following Questions

question 31

Multiple Choice

Use the following scenario to answer the following questions:
Lenora and Uma own a dog-grooming business in upstate New York,called Pawkeepsie Groomers.There are many buyers and many sellers in the dog-grooming service market.Pawkeepsie Groomers experiences normal cost curves,with the marginal cost (MC) curve crossing average variable cost (AVC) at $14 and average total cost (ATC) at $22.
-Pawkeepsie Groomers will make zero economic profits if the market price is

• A) $14.
• B) between $14 and $22.
• C) below $14.
• D) $22.
• E) above $14.

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Definitions:

Endorphins

Natural chemicals produced in the brain that interact with opioid receptors to reduce perception of pain and boost feelings of pleasure or contentment.

Hallucinogenic Drugs

Psychoactive substances that cause alterations in perception, mood, consciousness, and cognition, often inducing experiences disconnected from reality.

Neurotransmitters

Chemical substances that transmit signals across a synapse from one neuron to another in the nervous system.