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.

Question

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.

Quizplus · Accepted Answer

At the profit-maximizing quantity, a firm's total revenue is maximized. This is calculated by multiplying the quantity of goods sold by the price at which they are sold. Without specific details on price or quantity, it's impossible to provide a detailed explanation. However, the correct answer is identified based on the information given in the question.

Refer to the Accompanying Figure to Answer the Following Questions