Campus Bookstore Is the Only Textbook Supplier in the Town,a

question 36

Multiple Choice

Campus Bookstore is the only textbook supplier in the town,a profit-maximizing business.The table below represents the reservation prices for the eight students enrolled in the class for which this book is required. $$\begin{array} { c c } \text { Customer } & \begin{array} { c } \text { Reservation Price } \\\text { (\$/book) }\end{array} \\\mathrm { Q } & 60 \\\mathrm { R } & 54 \\\mathrm {~S} & 48 \\\mathrm {~T} & 42 \\\mathrm { U } & 36 \\\mathrm {~V} & 30 \\\mathrm {~W} & 24 \\\mathrm { X } & 18\end{array}$$
Assume that the marginal and average total cost for each book is $12.
Refer to the information above.At the profit maximizing price how many books will they sell?

• A) 3
• B) 4
• C) 5
• D) 7

---

Definitions:

Anatomical Differences

Variances in the physical structure of organisms, often used in contexts comparing sexes, species, or individuals.

Physiological

Pertaining to the branch of biology that deals with the normal functions of living organisms and their parts.

Tend

Refers to the natural inclination or propensity to engage in a particular behavior or follow a specific pattern.

Befriend

To become friends with someone, developing a bond or relationship characterized by mutual respect, affection, or support.