A Company Interested in the Health of Its Employees Started

question 40

Multiple Choice

A company interested in the health of its employees started a health program including monitoring blood pressure. Based on age, employees were categorized according to ranges of Blood pressure by age intervals. Data are shown in the table below. The percentage of employees who are over age 50 and have high blood pressure is

• A) 46.8% (72/154).
• B) 32.1% (154/480).
• C) 31.6% (59/187).
• D) 36.9% (72/195).
• E) 15.0% (72/480).

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Definitions:

Total Revenue

The total amount of money a firm receives by selling goods or services.

Elastic

refers to the responsiveness of demand or supply to changes in price or income.

Revenue Curves

Graphical illustrations that depict how a company's or industry's revenue changes in response to changes in price or other economic factors.

Monopolist

A Monopolist is a sole provider of a good or service in a market, possessing significant market power to set prices and output levels.