Figure 74 Figure 7

question 40

Multiple Choice

Figure 7.4 Figure 7.4 shows the cost and demand curves for a profit-maximising firm in a perfectly competitive market.
-Refer to Figure 7.4.If the market price is $30,should the firm represented in the diagram continue to stay in business?

• A) No, it should shut down because it is incurring a loss.
• B) No, it should shut down because it cannot cover its variable cost.
• C) Yes, because it is covering part of its fixed cost.
• D) Yes, because it is making a profit.

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Definitions:

Types of Exercise

Various kinds of physical activities designed to improve health and fitness, including aerobic, strength training, flexibility, and balance exercises.

School-Based Physical Education

A curriculum dedicated to developing physical fitness and promoting healthy lifestyles among students through physical activities and sports taught in schools.

Cardiovascular Benefits

Positive effects on the heart and blood vessels, typically resulting from regular exercise, healthy diet, and avoidance of harmful behaviors.

Cognitive Benefits

The positive effects on the brain's function, including improved memory, attention, and problem-solving capabilities, often resulting from engaging in physical, social, or mental challenges.