Your Firm Sells Club Soda in Both Grocery Stores and Convenience

question 60

Multiple Choice

Your firm sells club soda in both grocery stores and convenience stores.You have a budget of $550 for store displays and must decide how to allocate this budget between grocery stores and convenience stores to maximize the total number of sales.The following table shows the total number of units that can be sold in grocery stores and convenience stores,according to the number of displays in each type of store.Displays in grocery stores cost $150 each and displays in convenience stores cost $100 each. Given the above information,at the optimal choice with a budget of $550,the last dollar spent on grocery store displays yields

• A)3.0 additional sales.
• B)3.3 additional sales.
• C)300 additional sales.
• D)500 additional sales.

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Definitions:

Normal Personality

A psychological term describing personality traits and behaviors that are common and socially acceptable within a given culture.

Theories

General explanations of abstract concepts, phenomena, or relationships based on a body of evidence.

Ambiguous Stimulus

Any object, event, or situation that lacks clear interpretation or meaning and can be perceived in multiple ways.

Projective Test

A type of psychological test designed to let a person respond to ambiguous stimuli, potentially revealing hidden emotions and internal conflicts.