Allison's Auto Art Is a Company That Applies Pinstripes to Vehicles.Allison's

question 138

Multiple Choice

Allison's Auto Art is a company that applies pinstripes to vehicles.Allison's cost for a basic one-colour pinstriping job is $35,and she charges $95 for this service.For a total price of $175,Allison will apply a fancier three-colour pinstripe application to an automobile,a service that adds an additional $40 to the total cost of the package.Should Allison continue to offer the three-colour pinstripe application?

• A) Yes, she still makes a profit by selling the three-colour application.
• B) Yes, but only if she lowers the price of the one-colour application.
• C) No, her marginal benefit is less than her marginal cost.
• D) More information is needed for Allison to make this decision.

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Definitions:

Gender Differences

A rephrased definition of Gender Divide; the distinctions in characteristics, behaviors, opportunities, and experiences typically associated with being male or female.

Negotiation

The process by which parties with differing interests or perspectives reach an agreement through communication and compromise.

Sex

A biological classification based on physical characteristics and reproductive functions, typically categorised as male or female.

Gender

Socially constructed roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.