Suppose Total Benefits and Total Costs Are Given by B(Y)=

question 70

Multiple Choice

Suppose total benefits and total costs are given by B(Y) = 100Y − 8Y² and C(Y) = 10Y².What level of Y will yield the maximum net benefits?

• A) 75/36
• B) 75/18
• C) 50/18
• D) 100/36

Distinguish between situations where numerals or words are used for numbers according to standard English conventions.

Identify and classify different types of adjectives and adverbs in sentences.

Understand the concept of dangling modifiers and identify sentences free of such errors.

Correctly identify parts of speech, such as articles, gerunds, and infinitives, in given contexts.

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Definitions:

Vickrey Auction

A sealed-bid auction in which the item is awarded to the highest bidder, but the winner pays only the second-highest bid.

Increasing Bids

A situation in an auction where participants continuously raise their bid amounts to outcompete others.

Oral Auction

A public sale where goods or property are sold to the highest bidder through spoken bids, typically led by an auctioneer.

Vickrey Auction

A sealed-bid auction where the highest bidder wins but pays the price offered by the second-highest bidder.