Maker Sun Chairs Is Trying to Determine the Optimal Price $$\begin{array} { c c } \text { Unit Price } & \text { Unit Dem and } \\\$ 45 & 7,200 \\\$ 44 & 7,800 \\\$ 43 & 8,400 \\\$ 42 & 8,800\end{array}$$

question 22

Multiple Choice

Maker Sun Chairs is trying to determine the optimal price to charge for its galvanized deck chairs.The company has total fixed costs of $120,000 and the deck chairs have a unit variable cost of $27.00 per unit.Maker Sun Chairs has determined that the following relationships exist between price and demand: $$\begin{array} { c c } \text { Unit Price } & \text { Unit Dem and } \\\$ 45 & 7,200 \\\$ 44 & 7,800 \\\$ 43 & 8,400 \\\$ 42 & 8,800\end{array}$$ What is the anticipated revenue at a price of $44?

• A)$343,200
• B)$132,600
• C)$12,600
• D)$387,200

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Definitions:

REM Rebound

The phenomenon in which there is an increase in REM sleep after a period of REM sleep deprivation.

Biological Function

The roles and activities through which living organisms operate to sustain life, ranging from cellular processes to ecosystem dynamics.

Dreaming

An assortment of mental images, thoughts, and sensory experiences that take place in someone's consciousness during sleep.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding.