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.

---

Definitions:

Hand Gestures

Movements of the hands and arms used to express ideas or convey information without speech.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driven by needs, desires, and goals.

Conscious Experiences

Phenomena that encompass the awareness of one's environment, body, and lifestyle, including thoughts, feelings, and sensations.

Expressive Behaviors

Actions that convey one's internal emotions or feelings to others, including facial expressions, body language, and vocal tones.