-Refer to the above figure. The profit maximizing quantity for this firm is
A) zero.
B) Q1.
C) Q2.
D) Q3.

Name: -Refer to the above figure. The profit maximizing quantity for this firm is A) zero. B) Q1. C) Q2. D) Q3.
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Question

-Refer to the above figure. The profit maximizing quantity for this firm is
A) zero. 
B) Q1. 
C) Q2. 
D) Q3.

Quizplus · Accepted Answer

The profit-maximizing quantity for a firm is where marginal cost (MC) equals marginal revenue (MR). In the figure referenced (though not visible in this format), Q1 would be the point where MC intersects MR, indicating the optimal output level for profit maximization.

-Refer to the Above Figure