Suppose Susan Owns a Business That Operates in a Market

question 136

Multiple Choice

Suppose Susan owns a business that operates in a market characterized by monopolistic competition.Susan's profit-maximizing price is $12,her profit-maximizing output is 900 units per week,and her profits are $1,800 per week.Susan decides that she needs more profits and therefore raises her price to $15.At the new price of $15:

• A)profits will increase.
• B)profits will remain at $1,800.
• C)marginal revenue will be greater than marginal cost.
• D)marginal revenue will be less than marginal cost.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.