Table 14-14 The Following Table Presents Cost and Revenue Information for Bob's

question 596

Multiple Choice

Table 14-14
The following table presents cost and revenue information for Bob's bakery production and sales.
-Refer to Table 14-14. Suppose that due to a decrease in the market demand for bread the market price of bread drops to $2.75 per loaf. At this new price, what is Bob's profit-maximizing quantity?

• A)5 units
• B)6 units
• C)7 units
• D)8 units

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