Corporate power refers to: a. The capability of competitors to influence legislation, trade, and the stock market based on their organizational resources. b. THE CAPABILITY OF POLITICIANS TO INFLUENCE CORPORATIONS, EMPLOYEES AND UNIONS BASED ON THEIR ORGANIZATIONAL RESOURCES. c. THE CAPABILITY OF CORPORATIONS TO INFLUENCE GOVERNMENT, THE ECONOMY AND SOCIETY BASED ON THEIR ORGANIZATIONAL RESOURCES. d. THE CAPABILITY OF CEOS TO INFLUENCE PRODUCT DEVELOPMENT, EMPLOYEE MORALE, AND CURRENCY INDICES BASED ON THEIR ORGANIZATIONAL RESOURCES.

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?