Refer to the Accompanying Figure to Answer the Following Questions

question 148

Multiple Choice

Refer to the accompanying figure to answer the following questions.

-If a firm is producing a quantity of 100 and charging a price of $25,it

• A) should raise production to 150 units but lower the price to $10 to maximize profits.
• B) should raise production to 150 units and continue to charge $25 to maximize profits.
• C) should keep production at 100 units but lower the price to $13 to maximize profits.
• D) should keep production at 100 units and lower the price to $10 to maximize profits.
• E) is already maximizing profits and should not change the price or quantity produced.

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Definitions:

Manual Tasks

Physical work carried out by individuals mostly involving the use of their hands and physical effort, as opposed to work done using machines or technology.

Continual Basis

An ongoing, without interruption, process or activity.

Job-Related Stress

The physical and emotional strain that can occur as a result of job pressures, demands, or work environment.

Violence Prevention Policy

Guidelines and measures implemented by an organization to prevent and address violence within the workplace, ensuring the safety and well-being of employees.