Use the Figure Below to Answer the Following Questions

question 36

Multiple Choice

Use the figure below to answer the following questions.

Figure 14.2.5
-Refer to Figure 14.2.5. The figure shows the situation facing Smart Digit, Inc., a firm in monopolistic competition that produces calculators. The firm's markup is ________ per calculator.

• A)zero
• B)$2
• C)$4
• D)$6
• E)$10

Comprehend the role of cognitive dissonance in attitude change and behavior.

Understand the mechanisms of stereotype threat and its effects on performance.

Analyze the influence of social context on persuasion and belief formation.

Grasp the relationship between self-perception and self-knowledge.

---

Definitions:

Distributive Property

The distributive property is a basic algebraic rule stating that \(a(b + c) = ab + ac\), allowing for multiplication to be distributed over addition or subtraction.

Annual Sales

The total revenue generated from goods or services sold by a business in one year.

Distance Traveled

The total length of the path taken between two points.

Rate

A ratio that compares two quantities of different units, commonly used to describe a time-dependent process such as speed.