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Price Quantity Fixed Cost Variable Cost $15 0 $5 $0 $13 1 $5 $4 $11 2 $5 $9 $9 3 $5 $14 $7 4 $5
Price | Quantity | Fixed Cost | Variable Cost |
$15 | 0 | $5 | $0 |
$13 | 1 | $5 | $4 |
$11 | 2 | $5 | $9 |
$9 | 3 | $5 | $14 |
$7 | 4 | $5 | $20 |
$5 | 5 | $5 | $29 |
The profit-maximizing quantity for this firm is
- 0
- 1
- 3
- 4
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