Table 132 Onawy Inc Has Been Granted a Patent for Its Birch Root

question 18

Multiple Choice

Table 13.2
$\begin{array}{|c|c|c|}\hline \text { Price per Dose } & \begin{array}{c}\text { Quantity } \\\text { Demanded } \\\text { (dose) }\end{array} & \begin{array}{c}\text { Total Cost of } \\\text { Production } \\\text { (dollars) }\end{array} \\\hline \$ 80 & 0 & \$ 80 \\\hline 72 & 1 & 82 \\\hline 64 & 2 & 88 \\\hline 56 & 3 & 100 \\\hline 48 & 4 & 124 \\\hline 40 & 5 & 164 \\\hline 32 & 6 & 208 \\\hline 24 & 7 & 268 \\\hline 16 & 8 & 340 \\\hline\end{array}$
Onawy Inc. has been granted a patent for its birch root toothache balm. Table 13.2 shows the demand and the total cost schedule for the firm.
-Refer to Table 13.2.What is the amount of Onawy's profit?

• A)$68
• B)$72
• C)$124
• D)$192

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Definitions:

Plan Filing

The process of submitting documents or proposals, often in a legal or regulatory context, detailing specific plans or intentions.

Sufficient Information

Adequate details or data necessary to make an informed decision or to understand a situation fully.

Proposed Combination

A plan or proposal to merge two or more entities or assets into a single consolidated entity.

Dissolution

The process of formally ending or dissolving a company, partnership or any legal entity so it no longer exists as a legal entity.