48

Consider the following diagram. Total cost $1,400 Total 1,200 revenue 1,000 800 600 400 200 O 100 320 440 Output We can conclude that O A. Loss is highest between 100 and 440 units of poutput O B. Break even level of output occurs when output is 320 units and maximum profit occus when putput is 440 units O C. Profit is maximum when output is less than 100 units but more than 440 units O D. Break even level of output occurs when output is 100 units and 440 units and maximum profit occurs when output is 320 units