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 $1.75 and you have estimated that your price elasticity of demand is 1.5. What price should you charge to maximize your profit?
A) $5.25
B) $7.45
C) $1.50
D) $1.75
A) $5.25
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Genetic traits that occur as a continuum in a population are likely to be due to __________
a. X-linked disorders b. polygenic inheritance c. single gene effects d. environmental exposure
Most known Neanderthal sites in Western Europe are located __________
A) in caves and rock shelters B) in open savanna areas C) on mountain slopes D) in forested areas
Which of the following is an element in the world-wide spread of agriculture?
a. ability to infinitely increase carrying capacity in an area b. technological innovation c. population growth d. warfare
The American anthropologist Edward Sapir and his student, Benjamin Whorf, drawing on his experience with the language of the Hopi Indians, developed a full-fledged theory now known as the theory of:
a. cultural relativity. b. linguistic relativity. c. code switching. d. linguistic nationalism. e. phenomenology.