Use the Following to Answer Questions

question 266

Multiple Choice

Use the following to answer questions:
-(Table: Prices and Demand) The New Orleans Saints have a monopoly on Saints logo hats. The marginal cost of producing a hat is $18. If the Saints increase the number of hats they sell from four to five, their total revenue changes from _____ to _____.

• A) $88; $100
• B) $22; $20
• C) $88; $80
• D) $110; $100

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Definitions:

Parallel Play

A form of play among young children where they play adjacent to each other but do not try to influence one another's behavior.

Associative Play

A stage of play in early childhood where children engage in separate activities but interact by sharing and talking.

Solitary Play

A development stage where a child plays alone, focusing on their activities without seeking interaction with others.

Cooperative Play

A form of play where children interact with each other, working towards a common goal or participating in shared activities.