Suppose a firm acts to minimize the cost of producing 500 units of output and determines this cost to be $25,000.Then,if the firm acts to maximize output for a total cost of $25,000,the maximum output attainable is
A)500.
B)less than 500.
C)more than 500.
D)unknown.

Question

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The Answer of Suppose a firm acts to minimize the cost of producing 500 units of output and determines this cost to be $25,000.Then,if the firm acts to maximize output for a total cost of $25,000,the maximum output attainable is
A)500.
B)less than 500.
C)more than 500.
D)unknown.

Suppose a Firm Acts to Minimize the Cost of Producing