Rosetone Retail Sells One Product with a Variable Cost of $3.50

question 78

Multiple Choice

Rosetone Retail sells one product with a variable cost of $3.50 per unit. The demand at different prices to be charged is shown below: $\begin{array}{ll}\text { Units Demanded } & \text { Unit Price } \\10,000 & \$ 9 \\15,000 & \$ 8 \\20,000 & \$ 7 \\25,000 & \$ 6\end{array}$ If fixed costs are $42,000, what price should Rosetone charge in order to maximize profits?

• A) $9
• B) $8
• C) $7
• D) $6

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Definitions:

Masculine Characteristics

Traits typically associated with male biology or gender identity, including physical, behavioral, or physiological features considered masculine.

Estrogen Levels

The concentration of estrogen, a primary female sex hormone, in the body which affects various functions and developmental processes.

Prostaglandins

A collection of lipid-based substances that possess a wide range of effects similar to hormones in animals.

Seminal Vesicles

(1) In mammals, glandular sacs that secrete a component of semen (seminal fluid). (2) In some invertebrates, structures that store sperm.