Wendy Has a Monopoly in the Retailing of Motor Homes

question 137

Multiple Choice

Wendy has a monopoly in the retailing of motor homes.She can sell five per week at $21,000 each.If she wants to sell six,she can charge only $20,000 each.The quantity effect of selling the sixth motor home is:

• A)$20,000.
• B)$10,000.
• C)$15,000.
• D)$21,000.

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Definitions:

Type B

Often refers to a classification or category in various contexts, such as blood type, personality theories, or safety levels in equipment standards, requiring specifics to define completely.

Emissions Related

Pertains to components or systems in a vehicle that affect the type and amount of pollutants released into the environment.

Hard Code

The practice of embedding specific, often unchangeable data directly into a program's source code.

Diagnostic Trouble Codes

Specific codes generated by a vehicle's on-board diagnostics system indicating issues detected in the vehicle, serving as a guide for troubleshooting.