To maximize profit, Ralph should produce Question Blank 1 of 2 choose your answer... bags of trail mix. Hint 1: `How much' to produce is a decision involving a quantity, so marginal analysis should be used. Hint 2: Consider the relationship between price and marginal revenue for a firm in a competitive industry. Then consider adding a line on the provided graph for marginal revenue so that you can more easily use marginal analysis (graphically) to determine the profit maximizing quantity