-If the firm in this figure were at its best attainable position in terms of profitability, it would be:
A) breaking even.
B) minimizing its loss.
C) maximizing its profit.
D) at its most efficient level of output.

Question

-If the firm in this figure were at its best attainable position in terms of profitability, it would be:
A) breaking even. 
B) minimizing its loss. 
C) maximizing its profit. 
D) at its most efficient level of output.

Quizplus · Accepted Answer

Maximizing its profit is the best attainable position in terms of profitability for a firm, as it indicates the firm is achieving the highest possible difference between its revenues and costs.

-If the Firm in This Figure Were at Its Best