Solve the Problem $\mathrm { P } ( \mathrm { d } ) = 1 + \frac { \mathrm { d } } { 33 }$

question 83

Multiple Choice

Solve the problem.
-The function $\mathrm { P } ( \mathrm { d } ) = 1 + \frac { \mathrm { d } } { 33 }$ gives the pressure, in atmospheres (atm) , at a depth $\mathrm { d }$ feet in the sea. Find the pressure at 30 feet.

• A) \(\frac { 21 } { 11 } \mathrm {~atm}\)
• B) \(\frac { 1 } { 11 } a t m\)
• C) \(\frac { 10 } { 11 }\) atm
• D) \(\frac { 31 } { 33 } \mathrm {~atm}\)

Analyze the impact of investments on the reduction of production costs and its effect on economic profits.

Distinguish between accounting and economic profits.

Identify and explain the concept of opportunity cost in decision-making.

Differentiate between sunk costs and relevant costs for decision-making.

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