The Following Figure Shows the Graph of Revenue Function

question 148

Multiple Choice

The following figure shows the graph of revenue function and cost function . At which of the four -values shown is the profit largest? ​

• A)B
• B)C
• C)D
• D)A
• E)Profit is largest at more than one x-value.

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Definitions:

Illegal Contract

A contract that is void and unenforceable from its inception because it involves activities that are against the law or public policy.

Unlicensed Attorney

An individual practicing law without the necessary legal authorization or license, which is illegal and subject to penalties.

Public Policy

Principles and standards considered to be in the public's interest by governing bodies and law.

Promissory Estoppel

A legal principle that prevents a party from reneging on a promise when the other party has reasonably relied on that promise to their detriment.