Solved

Table 13-4 Table 13-4 Lists Estimated Revenues and Costs (Per Week)for Plastic

Question 246

Multiple Choice

Table 13-4
Table 13-4     Table 13-4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to universities and private research laboratories. -Refer to Table 13-4.At Victoria's profit-maximizing output, A) profit equals $2. B) total revenue equals $24 and total cost equals $20. C) total revenue equals $25 and total cost equals $22. D) total revenue equals $21 and total cost equals $17.
Table 13-4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to universities and private research laboratories.
-Refer to Table 13-4.At Victoria's profit-maximizing output,


A) profit equals $2.
B) total revenue equals $24 and total cost equals $20.
C) total revenue equals $25 and total cost equals $22.
D) total revenue equals $21 and total cost equals $17.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions