In This Problem, Cost, Revenue, and Profit Are in Dollars

question 140

Multiple Choice

In this problem, cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function is given by , and that the total cost function is given by . Find , and explain what this value represents. Round your answer to two decimal places. ​

• A)84.88. The sale of the 101st unit will increase profit by $84.88.
• B)84.88. The sale of the 101st unit will decrease profit by $84.88.
• C)84.75. The sale of the 101st unit will increase profit by $84.75.
• D)85.00. The sale of the 101st unit will increase profit by $85.00.
• E)85.00. The sale of the 101st unit will decrease profit by $85.00.

Understand the advantages of the double-entry bookkeeping system over the single-entry system.

Identify professional approaches to discussing financial obligations in healthcare settings.

Recognize the fundamental equations underpinning the double-entry bookkeeping system.

Understand the legal implications of waiving Medicare deductibles and copayments.

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Definitions:

Ethnic Group

A community or population made up of people who share a common cultural background or descent.

Racism

A set of beliefs about the claimed superiority of one racial or ethnic group; used to justify inequality and often rooted in the assumption that differences among groups are genetic.

Prejudice

An unfounded or negative bias or judgment towards individuals or groups, often based on stereotypes, without knowledge of the individual circumstances.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.