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

question 1

Multiple Choice

Suppose that Dent Carr's long-run total cost of repairing s cars per week is c(s) = 3s² + 108. If the price he receives for repairing a car is $24, then in the long run, how many cars will he fix per week if he maximize profits?

• A) 0
• B) 4
• C) 6
• D) 8
• E) 12

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Definitions:

Control Of Operations

The oversight and management of core business activities to ensure efficiency, effectiveness, and alignment with organizational objectives.

Flexible Budget Report

A budget that adjusts or flexes with changes in volume or activity, providing a more useful comparison of actual to budgeted performance.

Production

The process of creating goods or services using labor, technology, materials, and other inputs.

Costs

Expenses incurred in the process of creating, manufacturing, or providing a service or product, including fixed, variable, and semi-variable costs.