-In the figure above, Nike maximises its profit if it charges _______ per pair of shoes.

Question

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 general, a company like Nike would maximize its profit at the price point where marginal cost equals marginal revenue, which is a fundamental principle of microeconomics. Without the figure or additional data, it's impossible to accurately determine the correct price point among the options given.

-In the Figure Above, Nike Maximises Its Profit If It