Assume That the Following Data Is for a Profit-Maximizing Manufacturer

question 84

Multiple Choice

Assume that the following data is for a profit-maximizing manufacturer:

-Refer to the above information to answer this question.If the price is $55 per unit,what are the profit maximizing output and the level of profit or loss?

• A)4 and a profit of $20.
• B)4 and a loss of $20.
• C)5 and a profit of $25.
• D)5 and a loss of $25.
• E)The firm would shut down.

---

Definitions:

Points

The basic unit of geometry, representing a location in space with no dimension.

Slope

In mathematics, specifically in algebra and geometry, it refers to the measure of the steepness or incline of a line, represented as a ratio of the vertical change to the horizontal change between two points on the line.

Passing Through

A term often used to describe a line or curve that goes through a specific point in a graph or geometric figure.

Points

In geometry, a point refers to a precise location in space, often described with coordinates in a given dimension.