-Use the Figure Above to Answer This Question

question 40

Multiple Choice

-Use the figure above to answer this question.Mary is the only veterinarian in a small town.To maximize her profit,Mary will choose to treat ________ animals per hour and charge ________ per customer in order to ________.

• A) 4; $50; maximize profit
• B) 6; $20; maximize profit
• C) 6; $30; minimize average total cost
• D) 4; $50; operate on the inelastic portion of her demand curve
• E) 6; $20; minimize cost in order to attract more customers

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Definitions:

Fiber

A type of material used in various industries, or short for optical fiber, a technology used for transmitting information as pulses of light along strands of glass or plastic.

Wi-Fi Hotspot

A physical location where people can access the Internet, typically using Wi-Fi, via a wireless local area network (WLAN) with a router connected to an internet service provider.

Coverage Area

The geographical region or space where services or signals from a specific provider are available.

Satellite

A man-made satellite launched to circle the Earth or another celestial body to gather data or facilitate communication.