A Restaurant Sells a Large Lemonade at a Fixed Price

question 105

Multiple Choice

A restaurant sells a large lemonade at a fixed price of $2.59. A term used by economists to describe the money received from the sale of an additional lemonade is:

• A)gross earnings.
• B)marginal revenue.
• C)pure profit.
• D)net benefit.

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Definitions:

Conventional Promotion

Traditional methods of marketing or advertising, such as print ads, television commercials, or billboards.

Reactive

Characterized by actions or responses that occur as a result of external stimuli or events, rather than initiating change proactively.

Mobile Communication

The transmission of information over a distance without the use of wires or cables, typically through mobile devices like smartphones and tablets.

Cloud Operating Systems

A type of operating system designed to operate in cloud computing environments, enabling the delivery of computing services over the internet.