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:

Fibrous Connective Tissue

A type of connective tissue rich in collagen fibers that provides support and strength to various structures of the body such as tendons and ligaments.

Secretory Cells

Cells that are specialized in producing and releasing various substances such as hormones, enzymes, and mucus into the bloodstream or onto epithelial surfaces.

Alveolar Walls

Thin layers of tissue forming the boundaries of the air sacs (alveoli) in the lungs where gas exchange occurs.

Bronchi Inflammation

The swelling and irritation of the bronchial tubes, often leading to coughing, mucus production, and breathing difficulties.