A Computer Manufacturer Sells 1,000 Units Per Month at $500

question 183

Multiple Choice

A computer manufacturer sells 1,000 units per month at $500 each.A price cut to $400 is being considered.His marginal cost is constant at $300 per unit.To maintain profits, quantity sold must increase to at least

• A)1,500
• B)2,000
• C)2,500
• D)3,000

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Definitions:

Dominance Aggression

Aggressive behavior aimed at asserting dominance over others, often observed in social hierarchies among animals and humans.

Inductive Control

A parenting method that involves teaching or guiding children by explaining the reasons behind rules or desired behaviors, promoting understanding and internalization of moral standards.

Myers-Briggs

An alternate definition: A psychological assessment tool designed to identify an individual's personality type through four dichotomies, including introversion vs. extraversion and thinking vs. feeling.

Dichotomies

Divisions or contrasts between two things that are or are represented as being entirely different or opposite.