Mary Magnolia in Problem 4 Has Variable Costs Equal to

question 3

Multiple Choice

Mary Magnolia in Problem 4 has variable costs equal to , where y is the number of bouquets she sells per month and where F is the number of square feet of space in her shop. If Mary has signed a lease for a shop with 1,400 square feet, if she is not able to get out of the lease or to expand her store in the short run, and if the price of a bouquet is $3 per unit, how many bouquets per month should she sell in the short run?

• A) 1,400
• B) 3,150
• C) 700
• D) 2,100
• E) 2,310

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Definitions:

Performance Problem

Refers to a gap between actual performance and desired performance in a work environment.

Mission Critical

Referring to any factor, system, or operation that is essential to an organization's ability to meet its core objectives and continue functioning effectively.

Data Collection

The process of gathering and measuring information from a variety of sources to get a complete and accurate picture of an area of interest.

Two-Way Communication

A form of communication in which information or messages are exchanged between two parties, allowing for feedback and interaction.