A Profit-Maximizing Firm's Total Cost Is Given by C =

question 44

Multiple Choice

A profit-maximizing firm's total cost is given by C = 50 + 25Q where Q is the quantity produced. Given that the firm sells 40 units of the good at $55 each, what is the firm's contribution?

• A) $2,200
• B) $200
• C) $1,200
• D) $1,000
• E) $2,100

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Definitions:

Flexor Digitorum Profundus

A deep muscle in the forearm that flexes the fingers, enabling gripping and manipulation of objects.

Extensor Carpi Radialis Longus

A muscle in the forearm that extends the wrist and aids in its abduction.

Tibialis Anterior

A muscle in the front part of the lower leg that is involved in dorsiflexion and inversion of the foot.

Gastrocnemius

A major muscle located in the back part of the lower leg, contributing to plantar flexion of the foot.