Suppose a Manager's Preferences Depend Only on Profit

question 1

Multiple Choice

Suppose a manager's preferences depend only on profit.Such a manager will then have an indifference curve that

• A)is tangent to the profit curve somewhere between quantities of 0 and 2.5.
• B)is tangent to the profit curve somewhere between quantities of 2.5 and 5.
• C)is tangent to the profit curve at a quantity exactly equal to 2.5.
• D)intersects the profit curve at a quantity exactly equal to 5.

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