Refer to the Accompanying Figure to Answer the Following Questions

question 62

Multiple Choice

Refer to the accompanying figure to answer the following questions.

-When this firm is producing at the profit-maximizing price and quantity,its total revenue is

• A) $1,000.
• B) $1,950.
• C) $2,500.
• D) $3,750.
• E) $5,000.

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Definitions:

Timer File

A collection of timers in a PLC or software application, organized in a specific format for scheduling or tracking events.

SLC 500

A series of small programmable logic controllers (PLCs) manufactured by Allen-Bradley designed for small to mid-size automation projects.

Accumulated Value

In computing and data processing, this term refers to a total that increases over time as more data or units are added.

Preset Value

A predefined or user-set value that determines when a certain action should be taken or when a specific condition is met within a system.