The Mean of the Following Distribution 1,2,4,4,5,5,5,6,6,8,9 Is

question 67

Multiple Choice

The mean of the following distribution 1,2,4,4,5,5,5,6,6,8,9 is:

• A) 2.
• B) 4.
• C) 5.
• D) 6.

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Definitions:

Profit Maximization Theory

An economic principle suggesting that businesses operate to achieve the highest possible profit based on income and cost variables.

Utilitarianism

A moral theory suggesting that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.

Profit Maximization

is the process or strategy of adjusting a firm's production and sale operations to earn the highest possible profit.

Stakeholder Theory

A theory in corporate governance asserting that a company should consider and respond to the interests of all its stakeholders, not just shareholders.