Solve the Problem. -The Demand Equation for a Certain Item Is and Is

question 52

Multiple Choice

Solve the problem.
-The demand equation for a certain item is and the cost equation is C(x) = 7,000 + 4x. Find the marginal profit at a production level of 3,000 and interpret the result.

• A)$14; at the 3,000 level of production,profit will increase by approximately $14 for each unit increase in production.
• B)$16; at the 3,000 level of production,profit will increase by approximately $16 for each unit increase in production.
• C)$7; at the 3,000 level of production,profit will increase by approximately $7 for each unit increase in production.
• D)$4; at the 3,000 level of production,profit will increase by approximately $4 for each unit increase in production.

Recognize the meaning and purpose of active learning in training design.

Distinguish between error training and error-avoidant training approaches.

Understand the concept of media richness and identify the least rich communication mediums.

Recognize the role of semantics, stereotypes, and language in shaping communication.

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Definitions:

Species

A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding and are classified in a common category distinctly separate from other species.

Chimpanzee

A species of great ape native to Africa, known for their intelligence and complex social behaviors, closely related to humans.

Animals

Multicellular eukaryotic organisms that are heterotrophic, typically mobile, and have diverse forms and methods of reproduction.

Protists

A diverse group of eukaryotic microorganisms, which are neither plants, animals, nor fungi, including algae, protozoa, and slime molds.