Suppose You Are an Analyst for the Coca-Cola Company

question 4

Multiple Choice

Suppose you are an analyst for the Coca-Cola Company.An individuals' inverse demand for Coca-Cola is estimated to be P = 98 - 4Q (in cents) .If Coca-Cola is produced according to the following cost function C(Q) = 1,000 + 2Q (in cents) , compute the optimal price and the number of cans to sell as a single package.

• A)$1200 per package and 12 cans.
• B)$12 per package and 24 cans.
• C)$11.52 per package and 12 cans.
• D)$15 per package and 16.67 cans.

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Definitions:

Unconditional Positive Regard

A practice in psychology that involves showing complete support and acceptance to a person regardless of their actions or feelings.

Genuineness

The quality of being open, honest, and sincere in one's dealings with others.

Emotion-focused Therapy

A therapeutic approach that emphasizes the recognition, acceptance, and processing of emotional experiences to facilitate healing and growth.

Cognitive-behavioural Therapy

A psychotherapy approach that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.