Violet Has Received a Special Order for 100 Units of Its

question 119

Multiple Choice

Violet has received a special order for 100 units of its product.The product normally sells for $2,000 and has the following manufacturing costs: Assume that Violet has sufficient capacity to fill the order without harming normal production and sales.What minimum price should Violet charge to achieve a $25,000 incremental profit?

• A)$1,300
• B)$1,550
• C)$1,680
• D)$1,800

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Definitions:

Dinosaurs

Dinosaurs were a diverse group of reptiles that lived during the Mesozoic Era, ranging from small feathered creatures to the largest land animals that have ever existed.

Heuristic Approach

A problem-solving strategy that employs a practical method, not guaranteed to be optimal, perfect, or rational, but sufficient for reaching an immediate goal.

Analytic Approach

A method of problem-solving by breaking a complex topic or substance into smaller parts to gain a better understanding of it.

Naive Physics

Naive physics is the common-sense understanding of the physical world that people develop based on their everyday experiences, often without formal education in physics.