Multiple Choice
Figure 7.4
-Figure 7.4 shows prices, demands, and cost data for the only restaurant in a small town. What is its profit from senior customers under the senior discount policy of a $7 senior price and a $10 non-senior price?
A) $1,200
B) $1,500
C) $2,280
D) $2,560
Correct Answer:
Verified
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