Boat 1 Goes Directly Across a Stream a Distance L

question 9

Multiple Choice

Boat 1 goes directly across a stream a distance L and back taking a time t₁. Boat 2 goes down stream a distance L and back taking a time t₂. If both boats had the same speed relative to the water, which of the following statements is true?

• A) t₂ > t₁
• B) t₂ < t₁
• C) t₂ = t₁
• D) t₂ = 2t₁
• E) t₂ = 0.5t₁

---

Definitions:

Price Discrimination

A pricing strategy where the same product or service is sold at different prices to different customers, based on factors like demand, market conditions, or purchasing power.

Segments

Different parts or sections of a market, divided based on characteristics like demographics, needs, or preferences.

Profit-maximizing

The process or strategy of adjusting production and sales in order to achieve the highest possible profit from operations, considering both revenues and costs.

Charges

Fees imposed for services rendered or penalties for not meeting certain conditions.