Claude's Copper Clappers Sells Clappers for $60 Each in a Perfectly

question 185

Multiple Choice

Claude's Copper Clappers sells clappers for $60 each in a perfectly competitive market.At its present level of output,Claude's marginal cost is $65,average variable cost is $25,and average total cost is $62.To improve his profit or loss situation,Claude should _____

• A)increase output.
• B)reduce output but not to zero.
• C)continue to produce the present level of output.
• D)shut down.
• E)raise the price.

---

Definitions:

Compartments

Distinct sections within spaces or structures, typically used to separate or organize different functions or components.

Membrane Potential

The electrical potential difference across a cell's plasma membrane, caused by the differential distribution of ions, crucial for functions such as nerve impulse transmission.

Sodium-potassium Pumps

Biological mechanism involving the active transport of sodium and potassium ions across cell membranes, essential for various cellular processes.

Charges

Financial or legal responsibilities, or in physics, the property of matter that causes it to experience a force when placed in an electromagnetic field.