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:

Antipsychotic Medication

A group of drugs used to treat psychiatric conditions by altering brain chemistry to reduce psychotic symptoms like hallucinations and delusions.

Neurotransmitter

Chemical substances in the brain that transmit signals from one neuron to another across synapses.

Grossly Disorganized Behaviour

Extreme difficulty in goal-directed behavior, often manifesting as unpredictable or inappropriate actions or responses.

Dancing

The act of moving rhythmically to music, typically following a set sequence of steps, and often used as a form of expression or social interaction.