Based on the Table Below, What Is the Maximum Amount

question 103

Multiple Choice

Based on the table below, what is the maximum amount of profit this firm could earn? $$\begin{array} { c c c } \mathrm { Q } & \mathrm { P } & \mathrm { TC } \\\hline 98 & \$ 51.25 & \$ 1,000 \\99 & \$ 51.00 & \$ 1,025 \\100 & \$ 50.75 & \$ 1,075 \\101 & \$ 50.50 & \$ 1.175 \\102 & \$ 50.25 & \$ 1,350\end{array}$$

• A)$1,000
• B)$1,350
• C)$5,049.00
• D)$5,125.50
• E)none of the above

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Definitions:

Planning Beyond

A strategic approach focusing on setting long-term goals and objectives beyond the usual planning horizon.

One Year

A period consisting of 12 consecutive months or 365 days, used as a standard time measurement for various financial calculations.

Sales Forecasts

Predictions regarding the amount of products or services a business expects to sell over a certain period.