Robin Owns a Horse Stables and Riding Academy and Gives

question 194

Multiple Choice

Robin owns a horse stables and riding academy and gives riding lessons for children at "pony camp." Her business operates in a competitive industry. Robin gives riding lessons to 20 children per month. Her monthly total revenue is $4,000. The marginal cost of pony camp is $200 per child. In order to maximize profits, Robin should

• A)give riding lessons to more than 20 children per month.
• B)give riding lessons to fewer than 20 children per month.
• C)continue to give riding lessons to 20 children per month.
• D)We do not have enough information to answer the question.

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Definitions:

Agranulocytes

White blood cells characterized by the absence of granules in their cytoplasm, including lymphocytes and monocytes.

Formed Element

Components of blood, including red blood cells, white blood cells, and platelets, that are crucial for carrying oxygen, fighting infections, and clotting.

Formed Element

Components of blood, such as red blood cells, white blood cells, and platelets, that are either cellular or cell fragments.

Platelet

Small blood cells essential for blood clotting, which prevent excessive bleeding when blood vessels are injured.