In Longolia,beer Drinking Is Associated with Blood Types

question 1

Multiple Choice

In Longolia,beer drinking is associated with blood types.The demand for beer of the three major blood groups is shown below:

-Refer to the above information to answer this question.If the beer producers could price discriminate on the basis of blood types,what would be their maximum total revenue?

• A)$550.
• B)$595.
• C)$625.50.
• D)$636.
• E)$670.

---

Definitions:

Piaget

A Swiss psychologist best known for his pioneering work in the field of developmental psychology and his theory of cognitive development in children.

Conservation

The protection, preservation, management, or restoration of natural environments and the ecological communities that inhabit them.

Piaget's Stages

A theory outlining four stages of cognitive development in children, including sensorimotor, preoperational, concrete operational, and formal operational stages.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding across the lifespan.