The Demand for Copies of the Software Package Macrosoft Doors

question 72

Multiple Choice

The demand for copies of the software package Macrosoft Doors is given by Q 10,000P^-2.The cost to produce Doors is C = 100,000 +5Q.If Macrosoft practices cost plus pricing, what would be the profit-maximizing markup?

• A)100%
• B)33.33%
• C)14.29%
• D)6.67%
• E)3.23%

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Definitions:

Philanthropists

Individuals or organizations that actively seek to promote the welfare of others, typically through generous donations of money to various causes.

TEA

Total Entrepreneurial Activity; a metric used to measure the percentage of the adult working-age population who are either a nascent entrepreneur or owner-manager of a new business.

North America

A continent located entirely within the Northern Hemisphere and almost all within the Western Hemisphere, consisting of countries such as the United States, Canada, and Mexico.

Social Entrepreneurship

A form of entrepreneurship that focuses on resolving social issues and making a positive impact on society through innovative and sustainable business models.