The Demand for Professor Bongmore's New Book Is Given by the Function

question 8

Multiple Choice

The demand for Professor Bongmore's new book is given by the function Q = 5,000 - 100p.If the cost of having the book edited and typeset is $20,000, if the marginal cost of printing an extra copy is $4, and if he has no other costs, then he would maximize his profits by

• A)not having it edited and typeset and not selling any copies.
• B)having it edited and typeset and selling 2,300 copies.
• C)having it edited and typeset and selling 2,500 copies.
• D)having it edited and typeset and selling 4,600 copies.
• E)having it typeset and selling 1,150 copies.

---

Definitions:

Unemployed

The state of not being employed, including not having a job despite being willing and able to work.

Drinking and Drug Problems

Issues relating to the misuse or dependence on alcoholic beverages or narcotics, which can lead to physical, psychological, and social harm.

Batterers

Individuals who engage in physical, emotional, or sexual abuse against their partners.

Helplessness

A state of being unable to prevent or avoid negative outcomes, often leading to a lack of effort or motivation.