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    Managerial Economics Study Set 5
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    Exam 2: Optimal Decisions Using Marginal Analysis
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    If a Firm's Profit Is Given by π = -150
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If a Firm's Profit Is Given by π = -150

Question 42

Question 42

Multiple Choice

If a firm's profit is given by π = -150 + 360Q - 36Q2, then its optimal output is:


A) 12 units.
B) 5 units.
C) 2 units.
D) 20 units.
E) 36 units.

Correct Answer:

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