Refer to the Table Above

question 135

Multiple Choice

Refer to the table above.What is the price with the maximum total revenue?

• A) $2
• B) $3
• C) $4
• D) $5 Total Revenue = P*Q and this is maximized at $3 when TR = $3*30 = $90.

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Definitions:

Trustworthy

Describes someone who is reliable, honest, and can be depended on to act with integrity.

Speaker

A person who speaks or delivers a message in a public context, such as presentations or speeches.

Central-Route Processing

A cognitive process in persuasive communication where the audience is influenced by the message's content and logic, leading to more durable attitude change.

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.