Question 75
MediumOriginal questionA firm sells units at ₹ each, and making them costs ₹. How many units give the largest profit?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Profit .
at , and : a maximum.
Worth noting
15 maximises revenue alone, ; the cost per unit pulls the best output lower.
- Concept
- Maximising profit
- Typical timeTypical
- 90 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Maxima & Minima, at your own pace.