A small business has weekly average costs (in dollars) of , where is the number of units produced each week. The competitive market price for this business's product is $41 per unit. If production is limited to 277 units per week, find the level of production that yields maximum profit.
A)88 units
B)277 units
C)140 units
D)110 units
E)125 units

Question

A small business has weekly average costs (in dollars) of  , where  is the number of units produced each week. The competitive market price for this business's product is $41 per unit. If production is limited to 277 units per week, find the level of production that yields maximum profit.
A)88 units 
B)277 units 
C)140 units 
D)110 units 
E)125 units

Quizplus · Accepted Answer

The Answer of A small business has weekly average costs (in dollars) of  , where  is the number of units produced each week. The competitive market price for this business's product is $41 per unit. If production is limited to 277 units per week, find the level of production that yields maximum profit.
A)88 units 
B)277 units 
C)140 units 
D)110 units 
E)125 units

A Small Business Has Weekly Average Costs (In Dollars) of