The daily cost of producing and selling expensive tourist souvenirs is C(q) = 20q^1.5 + 100. The demand function for the souvenirs is P = 1200/q^.5 .
A. Calculate the marginal cost of producing the souvenirs.
B. Calculate the marginal revenue from selling the souvenirs. (remember revenue is p times q)
C. If the sellers goal is to maximize profits, how many souvenirs should they produce and what price should they charge?

Why has the free enterprise system been modified to include some government intervention?

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii

Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor