Suppose That Dent Carr's Long-Run Total Cost of Repairing S

question 14

Multiple Choice

Suppose that Dent Carr's long-run total cost of repairing s cars per week is c(s) = 2s² + 18. If the price he receives for repairing a car is $8, then in the long run, how many cars will he fix per week if he maximize profits?

• A) 4
• B) 0
• C) 3
• D) 2
• E) 6

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Definitions:

Ethical Dilemmas

Situations where individuals are required to choose between two conflicting moral principles, making it challenging to determine the right course of action.

Incentives

Rewards, financial or otherwise, designed to motivate individuals or groups to perform certain actions.

Organizational Objectives

Specific goals a company or organization aims to achieve, guiding its internal strategy and decision-making processes.

Motivate Employees

Strategies or actions undertaken to inspire and encourage workers towards achieving goals and enhancing performance.