The demand for Healthy Bars, a health snack bar, is Qd = 10 - (2 × P) and Healthy Bars has a constant average cost of $3 per snack bar. If Healthy Bars wants to package their bars to create an all-or-nothing offer, what is the profit-maximizing number of bars to put into a package?
A) 2 B) 4 C) 10 D) 6
B) 4
You might also like to view...
The United States exports a good if its no-trade U.S. price is ________ its world price. With international trade, U.S. production of the good ________ compared to the level of no-trade production
A) the same as; does not change B) lower than; increases C) the same as; increases D) higher than; increases E) higher than; does not change
Borrowing is like:
A. selling the right to use your money for a time. B. buying the right to use someone else's money. C. selling the right to use someone else's money. D. buying the right to use your money for a time.
What are typical components of executive compensation and how do they resolve principal/agent problems between shareholders and executives?
Suppose the government imposes a tax of 20 percent on the first $50,000 of income and 30 percent on all income above $50,000 . What is the marginal tax rate when income is $60,000?
a. 10 percent b. 20 percent c. 30 percent d. 50 percent