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Fun Time Inc

question 130

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Fun Time Inc. uses the same property and equipment to provide skiing services for six months during the winter and mountain roller boarding for six months during the summer. Monthly revenue and cost figures during the summer and winter months for Fun Time are shown below. Fun Time's $1,000 monthly fixed costs will be incurred as long as it remains in business. Fun Time Inc. uses the same property and equipment to provide skiing services for six months during the winter and mountain roller boarding for six months during the summer. Monthly revenue and cost figures during the summer and winter months for Fun Time are shown below. Fun Time's $1,000 monthly fixed costs will be incurred as long as it remains in business.   Which of the following should Fun Time do if it wants to maximize its profit? A) operate in both the winter and summer B) operate in the summer, but shut down during the winner C) operate in the winter, but shut down during the summer D) go out of business immediately
Which of the following should Fun Time do if it wants to maximize its profit?


Definitions:

Need For Achievement

A psychological drive that motivates individuals to attain success and excellence in their endeavors.

Need For Affiliation

The need for affiliation is a psychological and social drive that compels individuals to associate with others and form social relationships.

Need For Power

An individual's desire to influence, control, or have authority over others.

McClelland

Refers to David McClelland, a psychologist known for his work on motivation theory, which includes the needs for achievement, power, and affiliation.

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