Use the Following to Answer Question

question 10

Multiple Choice

Use the following to answer question:
-(Table: Total Cost and Output) Use Table: Total Cost and Output,which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm.If the market price of a tub of ice cream is $50,how much is Sergei's profit at the profit-maximizing output?

• A)$680
• B)$330
• C)$150
• D)$40

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Definitions:

Boreal Forest

A biome characterized by coniferous forests located in the northern regions, including parts of North America, Europe, and Asia.

Nitrogen Cycle

A biogeochemical cycle describing the transformations of nitrogen and nitrogen-containing compounds in nature.

Slash-And-Burn Agriculture

A method of agriculture where vegetation is cut down and burned as a technique to clear land for cultivation, but can lead to soil degradation and deforestation.

Stratospheric Ozone

A layer of ozone molecules located in the Earth's stratosphere, protecting life by absorbing most of the sun's harmful ultraviolet radiation.