NEXI quest Use the figure to the right to answer this question. Mary is the only veterinarian in a small town. To maximize her profit, Mary will choose to treat er appaintment) animals per hour and charge per customer in order to 70 MC OA. 6; $20; maximize profit B. 6; $30; minimize average total cost OC. 4; $50; maximize profit O D. 4; $50; operate on the inelastic portion of her demand curve OE. 6: $20; minimize cost in order to attract more customers 60 50 40 ATC 30 20 10 MR

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Use the figure to the right to answer this question. Mary is the only veterinarian in a small town. To maximize her profit,
Mary will choose to treat
appointment)
animals per hour and charge
per customer in order to
70
O A. 6; $20; maximize profit
MC
60
O B. 6; $30; minimize average total cost
50
OC. 4; $50; maximize profit
OD. 4; $50; operate on the inelastic portion of her demand curve
40
ATC
O E. 6; $20; minimize cost in order to attract more customers
30
20
D.
10
MR
10
Quantity (appointments per hour)
4.
6.
MacBook Pro
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esc
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2
3
4
5
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ps lock
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Transcribed Image Text:Next question Use the figure to the right to answer this question. Mary is the only veterinarian in a small town. To maximize her profit, Mary will choose to treat appointment) animals per hour and charge per customer in order to 70 O A. 6; $20; maximize profit MC 60 O B. 6; $30; minimize average total cost 50 OC. 4; $50; maximize profit OD. 4; $50; operate on the inelastic portion of her demand curve 40 ATC O E. 6; $20; minimize cost in order to attract more customers 30 20 D. 10 MR 10 Quantity (appointments per hour) 4. 6. MacBook Pro 888 %3D esc $ % & @ 1 2 3 4 5 Q W Y tab S F G H J A D ps lock M C V control option command R
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