Robin Owns a Horse Stables and Riding Academy and Gives

question 288

Multiple Choice

Robin owns a horse stables and riding academy and gives riding lessons for children at "pony camp." Her business operates in a competitive industry. Robin gives riding lessons to 20 children per month. Her monthly total revenue is $4,000. The marginal cost of pony camp is $250 per child. In order to maximize profits, Robin should

• A)give riding lessons to more than 20 children per month.
• B)give riding lessons to fewer than 20 children per month.
• C)continue to give riding lessons to 20 children per month.
• D)We do not have enough information to answer the question.

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Definitions:

Anomie

Durkheim’s term for a state of normlessness that results from a lack of clear goals and may ultimately result in higher suicide rates.

Durkheim

A foundational sociologist known for his work on social cohesion, the division of labor, and the concept of anomie.

Collective Conscience

Durkheim’s concept highlighting the totality of beliefs and sentiments that are common to the average person in a society.

Social Facts

Durkheim's term for phenomena within society that exert social control over individuals, guiding their actions and thoughts.