When MB = 300 − 12Y and TC = 12Y

question 143

Multiple Choice

When MB = 300 − 12Y and TC = 12Y + 108,the optimal level of Y is:

• A) 25.
• B) 4.5.
• C) 8.
• D) 24.

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Definitions:

Contagion Theory

A social theory suggesting that ideas, attitudes, and emotions can spread through populations similarly to infectious diseases.

Gustave Le Bon

A French social psychologist best known for his work on crowd psychology and the study of the characteristics and behavior of crowds.

Type A

A personality type characterized by competitiveness, high ambition, aggressiveness, impatience, and a sense of urgency, which may be associated with stress and heart disease.

Relaxed

A state of physical or mental ease, lacking tension or anxiety.