Refer to the table below. If the monopoly produces 40 units, charges the corresponding price of $320, and its average total cost to produce the 40 units is $206, what is their economic profit or economic loss?
The above table shows the quantity demanded at varying prices and the corresponding marginal cost of production for a monopoly firm.
A) -$4,560
B) $12,600
C) $56,000
D) $4,560
D) $4,560
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All cultures are:
a. maladaptive b. static c. dynamic d. harmonious
By using the designation Homo habilis Louis Leakey was implying all of these except
a. there were at least two hominin lineages present at Olduvai Gorge. b. the Homo lineage was distinct from the australopiths. c. that Homo habilis was our ancestor. d. Homo habilis was not a hominin. e. a revision of the classification was necessary.
The study of the ways culture shapes language and language shapes culture, particularly the intersection of language and systems of power such as race, gender, class and age
What will be an ideal response?
How did the environmental change at the end of the Upper Paleolithic affect hunting patterns?
A) Many species became extinct, forcing Upper Paleolithic hunters to adapt to unfamiliar game. B) The warmer temperatures favored bigger animals, which increased the need for complex group hunting for big game. C) The density of big game animals decreased, forcing people to shift their attention to plants, fish, and small game. D) People had to become more nomadic in order to follow migratory patterns of favored game animals.