The Marginal Revenue (MR) for a Firm Is a Constant

question 24

Multiple Choice

The marginal revenue (MR) for a firm is a constant $45, and the firm's marginal cost (MC) is given by MC = 1.5Q (where Q is quantity of output) . What is the firm's profit-maximizing level of output?

• A) 67.5
• B) 30
• C) 45
• D) 15

---

Definitions:

CSR Strategies

Corporate Social Responsibility strategies involve plans and actions undertaken by a company to manage its impacts on society, the economy, and the environment in a responsible manner.

Responsibilities

Duties or obligations that individuals or organizations are expected to fulfill or carry out in their roles.

Proactive

Taking initiative by acting in advance of future situations rather than just reacting, to bring about positive change.

Ethics Intensity

The degree of importance given to the ethical dimension of decisions and actions.