The following incomplete table attached as an image shows a firm's various costs of producing up to
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/6679459feb6fa_7116679459fd480a.jpg)
The following incomplete table attached as an image shows a firm's various costs of producing up to 4 units of output. Suppose that the firm whose cost structure is given in the table above can sell any whole number amount 0, 1, 2, 3, or 4, at a unit price of $30.
What is the quantity that maximizes its profit?
(a) 0
(b) 1
(c) 2
(d) 4
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667945a053b18_712667945a039380.jpg)
Posted Date: