The figure below shows cost and revenue. $ (thousands) 1600L 1200 800 400 C(q) R(q) Your answer is correct. For what production levels is the profit function negative? The profit function is negative when q> 62.5. The profit fuction is negative when 27.5 < q < 62.5. The profit function is negative when q < 27.5 or q > 62.5. The profit function is negative when q < 27.5. The profit function is always neagtive. q (thousands) e Textbook and Media 25 50 75 Your answer is correct. For what production levels is the profit function positive? The profit fuction is positive when 27.5 < q < 62.5. The profit function is positive when g < 27.5 or q> 62.5. The profit function is always positive. The profit function is positive when q> 62.5. Your answer is incorrect. For what production levels is the profit maximized? Round your answer to one decimal place. 9 = i e Textbook and Media ! 3 D C