-If the firm is maximizing profits,total profit will be
A)-$160
B)$160
C)-$4
D)$10

Name: -If the firm is maximizing profits,total profit will be A)-$160 B)$160 C)-$4 D)$10
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Question

-If the firm is maximizing profits,total profit will be
A)-$160 
B)$160 
C)-$4 
D)$10

Quizplus · Accepted Answer

When a firm is maximizing profits, it means it is operating at a level where its total revenue exceeds its total costs by the greatest amount. Therefore, the correct answer is the positive profit value, which is $160.

-If the Firm Is Maximizing Profits,total Profit Will Be