Use the Following to Answer Questions

question 162

Multiple Choice

Use the following to answer questions:
-(Table: Variable Costs for Lots) Look at the table Variable Costs for Lots. During the winter, Alexa runs a snow-clearing service in a perfectly competitive industry. Assume that costs are constant in each interval; that is, the variable cost of clearing anywhere from 1 through 10 lots is $200. Her only fixed cost is $1,000 for a snowplow. Her variable costs include fuel, her time, and hot coffee. What is Alexa's shut-down price in the short run?

• A) $20
• B) $15
• C) $50
• D) $42

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Definitions:

Retinal Disparity

A measure of the difference in the visual images that each eye perceives because of the eyes' different locations, aiding in depth perception.

Binocular Cue

A visual information taken in by two eyes that enable for a depth perception, or the ability to perceive the world in three dimensions.

Depth

In a cognitive or perceptual context, depth refers to the complexity or profundity of understanding, perception, or feeling.

Kinesthesis

The sense that detects bodily position, weight, or movement of the muscles, tendons, and joints.