A Poultry Rancher Discovered What When She Increased the Price

question 80

Multiple Choice

A poultry rancher discovered what when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of her eggs fell from 300 dozen per week to 200 dozen per week. Based on the midpoint method, if she wants to increase her total revenue from egg sales, she should

• A) raise the price of eggs even more.
• B) hold the price constant at $1.00.
• C) reduce the price of eggs back to $0.75.
• D) take up dairy farming.

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Definitions:

Personal Protective Equipment

Equipment worn to minimize exposure to hazards that can cause injuries and illnesses in the workplace, including gloves, masks, and goggles.

Medical Assistant

An allied health professional who supports the work of physicians and healthcare practitioners by undertaking various clinical and administrative tasks.

Supernatant

The liquid portion of a substance from which solids have settled to the bottom, as with a urine specimen after centrifugation.

Urine

A liquid by-product of metabolism in humans and many animals, expelled from the body.