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(Figure: Profit Maximization) in the Figure, the Profit from Selling

Question 30

Multiple Choice

(Figure: Profit Maximization) In the figure, the profit from selling three units is:
 Quantity  Price  Total  Revenue  Total Cost  Marginal  Cost 1$9$9$12$429181533927216493630959454111\begin{array}{|c|c|c|c|c|}\hline \text { Quantity } & \text { Price } & \begin{array}{c}\text { Total } \\\text { Revenue }\end{array} & \text { Total Cost } & \begin{array}{c}\text { Marginal } \\\text { Cost }\end{array} \\\hline 1 & \$ 9 & \$ 9 & \$ 12 & \$ 4 \\\hline 2 & 9 & 18 & 15 & 3 \\\hline 3 & 9 & 27 & 21 & 6 \\\hline 4 & 9 & 36 & 30 & 9 \\\hline 5 & 9 & 45 & 41 & 11 \\\hline\end{array}


A) $27.
B) $21.
C) $9.
D) $6.

Correct Answer:

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