If the Marginal Cost of Making a Photocopy Is 2

question 88

Multiple Choice

If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is 3, the profit-maximizing price is

• A)5 cents.
• B)4 cents.
• C)3.33 cents.
• D)3 cents.
• E)6 cents.

---

Definitions:

Partial Pressure

The pressure exerted by a single gas component in a mixture of gases.

Agglutination Reactions

The clumping of particles or cells, typically red blood cells, in response to antibodies, often used in blood typing.

Antigens A

Specific molecules or parts of molecules that are recognized by the immune system, particularly by antibodies or T cells.

Rh Antigens

Surface proteins found on red blood cells that can cause immune response, distinguishing between different blood types.