Multiple Choice
Table 9.4
Table 9.4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to university and private research laboratories.
-Refer to Table 9.4.What is true at Victoria's profit-maximising output?
A) Profit equals $2.
B) Total revenue equals $24 and total cost equals $20.
C) Total revenue equals $25 and total cost equals $22.
D) Total revenue equals $21 and total cost equals $17.
Correct Answer:
Verified
Related Questions