-Refer to the figure above. Which unit of action maximizes total gains (total profits) ?

Question

-Refer to the figure above. Which unit of action maximizes total gains (total profits)?

Quizplus · Accepted Answer

Without the ability to view the figure you're referring to, I can't provide a specific answer based on visual data. However, in questions about maximizing total gains or profits, the correct choice typically involves analyzing data or a graph to identify the point where the difference between total revenue and total costs is greatest. This concept is fundamental in economics, where the optimal level of output is where marginal cost equals marginal revenue. Without the figure, I can't apply this principle directly to your question, but the principle behind the answer involves finding the level of action (units of production, investment level, etc.) that yields the highest net benefit.

-Refer to the Figure Above