Suppose Ben Owns a Small Company That Makes Kites What Is the Profit-Maximizing Number of Kites for Ben to Market
Suppose Ben owns a small company that makes kites. The market for kites is perfectly competitive, and kites sell for $25 each. Ben's total production costs vary depending on the number of kites he makes each day, as shown in the accompanying table.
What is the profit-maximizing number of kites for Ben to make each day?
A) 3
B) 4
C) 5
D) 0
Correct Answer:
Verified
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