The total revenue and cost curves for a product are shown in the following figure. Estimate the production level P that maximizes profit.
A)50
B)100
C)150
D)200

Question

The total revenue and cost curves for a product are shown in the following figure. Estimate the production level P that maximizes profit. 
A)50 
B)100 
C)150 
D)200

Quizplus · Accepted Answer

The Answer of The total revenue and cost curves for a product are shown in the following figure. Estimate the production level P that maximizes profit. 
A)50 
B)100 
C)150 
D)200

The Total Revenue and Cost Curves for a Product Are