Slick Shades Has a Constant Marginal Cost of Production Equal

question 89

Multiple Choice

Slick Shades has a constant marginal cost of production equal to $80 and the distributors have a constant marginal cost of distribution equal to $30. If Slick Shades is producing the profit- maximizing number of sunglasses (in hundreds) and charging the profit- maximizing wholesale price, what is Slick Shades' profit (in hundreds) ?

• A)$4,800
• B)$3,600
• C)$6,400
• D)$2,400

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Definitions:

Collaborative Problem

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Medical Diagnosis

The process of identifying a disease or condition based on symptoms, history, and often various diagnostic tests.

Nurse and Physician

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Stereotyping

The act of categorizing individuals or groups into oversimplified and generalized traits or characteristics.