The Demand for Professor Bongmore's New Book Is Given by the Function

question 7

Multiple Choice

The demand for Professor Bongmore's new book is given by the function Q = 4,000 - 100p. If the cost of having the book edited and typeset is $17,000, if the marginal cost of printing an extra copy is $4, and if he has no other costs, then he would maximize his profits by

• A) having it edited and typeset and selling 1,800 copies.
• B) having it edited and typeset and selling 2,000 copies.
• C) not having it edited and typeset and not selling any copies.
• D) having it edited and typeset and selling 3,600 copies.
• E) having it typeset and selling 900 copies.

---

Definitions:

Coordination

The organization of different elements or activities to ensure effective working together to achieve a common purpose or outcome.

Schedule I Drugs

Substances or chemicals defined by law as having no accepted medical use and a high potential for abuse.

FDA

The Food and Drug Administration, a U.S. federal agency responsible for protecting public health by regulating food, drugs, and medical devices.

Abuse Potential

The likelihood or propensity for a substance, particularly drugs or alcohol, to be misused or become addictive.