Suppose Kate's Great Crete (KGC)has annual variable costs of and marginal costs of ,where Q is the number of cubic yards of concrete it produces per year.In addition,it has an avoidable fixed cost of $50,000 per year.KGC's demand function is What is the profit maximizing sales quantity?
A) 20
B) 2,000
C) 8,000
D) 0

Question

Suppose Kate's Great Crete (KGC)has annual variable costs of  and marginal costs of  ,where Q is the number of cubic yards of concrete it produces per year.In addition,it has an avoidable fixed cost of $50,000 per year.KGC's demand function is  What is the profit maximizing sales quantity?
A) 20 
B) 2,000 
C) 8,000 
D) 0

Quizplus · Accepted Answer

The Answer of Suppose Kate's Great Crete (KGC)has annual variable costs of  and marginal costs of  ,where Q is the number of cubic yards of concrete it produces per year.In addition,it has an avoidable fixed cost of $50,000 per year.KGC's demand function is  What is the profit maximizing sales quantity?
A) 20 
B) 2,000 
C) 8,000 
D) 0

Suppose Kate's Great Crete (KGC)has Annual Variable Costs of