A Utility Company Faces Demand Given by Q = 40

question 69

Essay

A utility company faces demand given by q = 40 - 0.1p, where p is the price per unit.
a. If the company charges only one price, what price per unit will maximize revenue?
b. If the company adopts a two-tier pricing structure, what price per unit will maximize revenue?

Analyze how gender roles and expectations are reinforced through socialization in families, schools, and media.

Understand the societal and individual implications of heteronormativity and its enforcement.

Identify the economic disparities caused by gender discrimination, including the feminization of poverty and wage gaps.

Examine the dynamics of gender inequality within domestic settings and the broader societal consequences.

---

Definitions:

Institutional Action

Actions taken by established institutions aimed at achieving specific goals or enforcing policies.

Jim Crow Era

A period in American history marked by racial segregation and discriminatory laws against African Americans.

Legal and Institutional Change

Modifications made within laws and organizational structures aimed at reforming or improving systems for better societal outcomes.

William Julius Wilson

An influential American sociologist known for his research and writing on race, class, and inequality in the United States.