Table 94 Table 94 Lists Estimated Revenues and Costs (Per Week) for Plastic

question 29

Multiple Choice

Table 9.4
$\begin{array}{|c|c|c|c|c|c|c|}\hline \begin{array}{c}\text { Quantity } \\\text { Sold }\end{array} & \begin{array}{c}\text { Price } \\\text { (dollars ) }\end{array} & \begin{array}{c}\text { Total } \\\text { Revenue } \\\text { (dollars) }\end{array} & \begin{array}{c}\text { Marginal } \\\text { Revenue }\end{array} & \begin{array}{c}\text {Total}\\\text { Cost } \\\text { (dollars) }\end{array} & \begin{array}{c}\text { Marginal } \\\text { Cost }\end{array} & \begin{array}{c}\text { Profit } \\\text { (dollars) }\end{array} \\\hline 0 & 10 & 0 & \cdots & 2 & \cdots & -2 \\\hline 1 & 9 & 9 & & 8 & & \\\hline 2 & 8 & 16 & & 13 & & \\\hline 3 & 7 & 21 & & 17 & & \\\hline 4 & 6 & 24 & & 20 & & \\\hline 5 & 5 & 25 & & 22 & & \\\hline 6 & 4 & 24 & & 26 & & \\\hline\end{array}$
Table 9.4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to university and private research laboratories.
-Refer to Table 9.4.Based on the data in the table,which of the following statements is true?

• A) The table summarises Victoria's short-run, rather than long-run, market for plastic vials.
• B) Victoria could be either a monopolistically competitive or a perfectly competitive firm.
• C) Victoria should shut down temporarily.
• D) Victoria should advertise more in order to increase the demand for plastic vials.

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Attractiveness

The quality of being pleasing or appealing to the senses.

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Inherent characteristics or qualities that are viewed favorably and contribute to an individual’s overall personality and behavior.

Attractiveness

The quality of being pleasing or appealing to the senses, often used in the context of physical appearance but can also relate to personality, behavior, or other traits.

Positive Traits

Characteristics or attributes that are seen as beneficial, contributing to the positive aspects of an individual's personality and behavior.