If a Firm's Profit Is Given by  = 36Q2

question 21

Multiple Choice

If a firm's profit is given by  = 36Q2 - 360Q - 150,where  = profit and Q = quantity produced,then its optimal output is _____ units.

• A)12
• B)5
• C)2
• D)20
• E)36

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Definitions:

Data Mining

The process of searching for valuable business information in a large database, data warehouse, or data mart.

OLAP

Online Analytical Processing; a category of software tools that provides analysis of data stored in a database and supports complex analytical and ad-hoc queries, usually in multiple dimensions.

Upselling

A sales technique where sellers encourage customers to purchase higher-end products, upgrades, or add-ons to generate more revenue.

Sales Transaction

The process of exchanging goods, services, or assets in return for money between a seller and buyer.