A Company Manufactures Diskettes for Home Computers

question 272

Multiple Choice

A company manufactures diskettes for home computers. It knows from experience that the number of diskettes it can sell each day, is related to the price per diskette by the equation . At what price should the company sell the diskettes if it wants the daily revenue to be ? ( Hint : The equation for revenue is .)

• A)$4
• B)$2
• C)$2 and $4
• D)$2 and $8
• E)$4 and $8

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Definitions:

Logical

Pertaining to the use of reason or formal principles of reasoning in the process of thought or argumentation.

Vicarious Reinforcement

Learning that occurs by observing the consequences of others' actions, leading to changes in the observer's behavior.

Learn Through Example

The process of acquiring behaviors, skills, or knowledge by observing and imitating others, a fundamental mechanism of social learning.

Bandura

A psychologist known for his work on social learning theory and the concept of self-efficacy.