The Owner of a Greenhouse and Nursery Is Considering Whether

question 167

Multiple Choice

The owner of a greenhouse and nursery is considering whether to spend $6,000 to acquire the licensing rights to grow a new variety of rosebush, which she could then sell for $6 each. Per-unit variable cost would be $3. If her available land has design and effective capacities of 3,000 and 2,000 rosebushes per year respectively, and she plans to grow 1,200 rosebushes each year on this land, what will be the utilization of this land?

• A)0 percent
• B)40 percent
• C)60 percent
• D)67 percent
• E)100 percent

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Definitions:

Psychologist

A professional who studies cognitive, emotional, and social processes and behavior by observing, interpreting, and recording how individuals relate to one another and their environments.

Depressed Women

Refers to females experiencing depression, a mental health disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Surveys

Research methods that involve collecting data from a sample of individuals through their responses to questions, often used in social sciences.

Personality Traits

Enduring characteristics and behaviors that differentiate one individual from another.