-Leisure Land Produces Only Sun Screen and Camel Rides

question 59

Multiple Choice

$$\begin{array} { | l | l | l | } \hline \begin{array} { l } \text { Camel } \\\text { rides (per } \\\text { day) }\end{array} & \begin{array} { l } \text { Marginal } \\\text { benefit } \\\text { (tubes of } \\\text { sunscreen) }\end{array} & \begin{array} { l } \text { Marginal } \\\text { cost } \\\text { (tubes of } \\\text { sunscreen) }\end{array} \\\hline 1 & 20 & 11 \\\hline 2 & 18 & 12 \\\hline 3 & 16 & 13 \\\hline 4 & 14 & 14 \\\hline 5 & 12 & 15 \\\hline 6 & 10 & 16 \\\hline\end{array}$$
-Leisure Land produces only sun screen and camel rides. The table shows the marginal benefit and marginal cost schedules for sun screen and camel rides. The allocatively efficient number of camel rides is________ .

• A) 2 rides per day
• B) 4 rides per day
• C) 6 rides per day because that is the maximum number of rides
• D) 1 ride per day because the marginal benefit exceeds the marginal cost by as much as possible

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Definitions:

Whistleblowing

The act of exposing any kind of information or activity deemed illegal, unethical, or not correct within an organization.

Communication Costs

Expenses associated with the transfer of information, such as telecommunications, mailing, and meetings.

Main Costs

The primary or most significant expenses associated with running a business, project, or task.

Corporate Culture

The collective values, beliefs, attitudes, and practices that characterize an organization and influence its members' behavior.