Figure 11-5
-The owner of a picture frame store has generated a spreadsheet of several calculations based on different quantity,price,revenue,cost,and profit scenarios shown in Figure 11 -5.Of the following options,at what sales level is profit maximized?
A) 0
B) 400
C) 800
D) 1,600
E) 2,000

Question

Figure 11-5 
-The owner of a picture frame store has generated a spreadsheet of several calculations based on different quantity,price,revenue,cost,and profit scenarios shown in Figure 11 -5.Of the following options,at what sales level is profit maximized?
A) 0 
B) 400 
C) 800 
D) 1,600 
E) 2,000

Quizplus · Accepted Answer

By looking at the last row of the Profit column, we can see that the profit is maximized at a sales level of 2,000. Any sales level above or below this will result in lower profits.

Figure 11-5 -The Owner of a Picture Frame Store Has Generated a Has