Posted by **nik** on Tuesday, October 12, 2010 at 5:11pm.

(1 pt) The following table gives the cost and revenue, in dollars, for different

production levels, q. Answer the questions below.

q 0 100 200 300 400 500 600

R(q) 0 540 1080 1620 2160 2700 3240

C(q) 650 915 985 1115 1270 1870 2605

At approximately what level of production q, is the profit maximized?

Round your answer to the nearest 100.

Answer: ___ units

## Answer This Question

## Related Questions

- math - The following table gives the cost and revenue, in dollars, for different...
- accounting - 1. Please refer to the worksheet below. Trial Balance Adjustments ...
- Economics - Use the concepts of marginal cost and marginal revenue to derive an ...
- Macroeconomics - . Atlantis is a small, isolated island in the South Atlantic. ...
- math - A factory can produce two products, x and y, with a profit approximated ...
- Microeconomics - Quantity Total Cost (Dollars) Variable Cost (Dollars) 0 $1,000...
- finance - P5 For the following projects, compute NPV, IRR, MIRR, profitability ...
- math - Suppose the revenue from producing (and selling) x units of product is ...
- Math 8R - HW Qs. Check - Fill in the numbers to continued the pattern. 1000, 900...
- 5th grade - what is the mode for the following numbers? 900,700,500,600,600,300...

More Related Questions