Solved

Mary Magnolia Has Variable Costs Equal to Y2/F, Where Y

Question 9

Multiple Choice

Mary Magnolia has variable costs equal to y2/F, where y is the number of bouquets she sells per month and where F is the number of square feet of space in her shop.If Mary has signed a lease for a shop with 1,400 square feet, if she is not able to get out of the lease or to expand her store in the short run, and if the price of a bouquet is $3 per unit, how many bouquets per month should she sell in the short run?


A) 1,400
B) 3,150
C) 700
D) 2,100
E) 2,310

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions