Robin Owns a Horse Stables and Riding Academy and Gives

question 194

Multiple Choice

Robin owns a horse stables and riding academy and gives riding lessons for children at "pony camp." Her business operates in a competitive industry. Robin gives riding lessons to 20 children per month. Her monthly total revenue is $4,000. The marginal cost of pony camp is $200 per child. In order to maximize profits, Robin should

• A)give riding lessons to more than 20 children per month.
• B)give riding lessons to fewer than 20 children per month.
• C)continue to give riding lessons to 20 children per month.
• D)We do not have enough information to answer the question.

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Definitions:

Contraction

The process of becoming smaller or shorter, often in reference to the cooling and solidifying of the Earth's crust which can lead to tectonic activities.

Differential Stress

Stress applied unevenly in different directions, leading to deformation of Earth's crust.

Confining Pressure

A type of pressure applied equally in all directions on a body of rock, often affecting its physical state.

Tension

the force that pulls geological materials apart, often causing stretching and thinning.