You are the manager of Frozen Super Paws Treats, the dominant firm in market for frozen ice cream treats for dogs. At your current production level, your marginal cost is $1.40 and you have estimated that your price elasticity of demand is 1.8. What price should you charge to maximize your profit?
A) $3.15
B) $1.80
C) $6.25
D) $4.52
A) $3.15
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__________ is a subsistence strategy that focuses on raising and caring for herds of domesticated animals
a. Pastoralism b. Horticulture c. Agriculture d. Foraging
Barrows, such as those at Borum Eshøj, are:
A. Iron Age houses. B. Bronze Age burial mounds. C. Bronze Age farms. D. Neolithic settlements.
Unilineal descent systems:
a. are very rarely found today in the world. b. comprise the majority of the world's kinship designations. c. are found only among hunters and gatherers. d. are found today, but were not utilized in the past. e. are no longer used today in any society.
How is CRM linked with the new area of public archaeology?
A) Because most CRM work is done with public money, it is important that the public benefits from the archaeological research. B) CRM is a dying field, which is being replaced by the new area of public archaeology. C) Public archaeology funds CRM work, which is then carried into more academic archaeology. D) Because CRM is usually salvage work, someone must ensure that the results are analyzed by universities.