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

question 75

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.If the bookstore can charge two different prices for this book,the list price for the book will be _____ and the discounted price for the book will be ____.

• A) $18;less than $12
• B) $60;$36
• C) $36;less than $36
• D) more than $36;less than $12

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Definitions:

Loudness

The perception of the intensity of sound, typically measured in decibels, affecting how loud or soft we perceive a sound to be.

Cochlea

A spiral-shaped cavity of the inner ear that plays a key role in the sense of hearing by converting sound vibrations into neural signals.

Fluid-filled Tunnel

A hollow structure within the body containing fluid, often referring to structures within the inner ear.

Receptors

Special structures or proteins in organisms that respond to specific stimuli like chemicals, heat, or light and transmit a signal.