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Refer to Figure 17

Question 27

Multiple Choice

Refer to Figure 17.1.Which of these will hold true if the manager is given a budget of $155? Refer to Figure 17.1.Which of these will hold true if the manager is given a budget of $155? A) She should produce 6 units of output because profits are maximized. B) She should produce 8 units of output to maximize output for the budget. C) She should try to produce 9 units of output because average costs are minimized. D) She should lobby her boss for more money.


A) She should produce 6 units of output because profits are maximized.
B) She should produce 8 units of output to maximize output for the budget.
C) She should try to produce 9 units of output because average costs are minimized.
D) She should lobby her boss for more money.

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