Quantity of commodity A per day Total Variable costs in U. 700 200 60.000 7-25 201 61.000 202 62.500 203 64.000 204 66.000 205 68.500 206 72.000 FO Use Table 1 above to answer question number 25 below New Generation is a perfectly competitive company selling commodity Y at the market price of OMR.500) New Generation Company has fixed costs of OMR 30.000/day and a daily variable cost schedule in Table 1 above. The profit maximizing level of output for New Generation Company is: a. 202 units per day. b. 204 units per day. 206 units per day. d. 205 units per day. 12292-

Question
Quantity of commodity A per day
Total Variable costs in U.
700
200
60.000
7-25
201
61.000
202
62.500
203
64.000
204
66.000
205
68.500
206
72.000
FO
Use Table 1 above to answer question number 25 below
New Generation is a perfectly competitive company selling commodity Y at the market
price of OMR.500) New Generation Company has fixed costs of OMR 30.000/day and
a daily variable cost schedule in Table 1 above. The profit maximizing level of output for
New Generation Company is:
a. 202 units per day.
b. 204 units per day.
206 units per day.
d. 205 units per day.
12292-
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Transcribed Image Text

Quantity of commodity A per day Total Variable costs in U. 700 200 60.000 7-25 201 61.000 202 62.500 203 64.000 204 66.000 205 68.500 206 72.000 FO Use Table 1 above to answer question number 25 below New Generation is a perfectly competitive company selling commodity Y at the market price of OMR.500) New Generation Company has fixed costs of OMR 30.000/day and a daily variable cost schedule in Table 1 above. The profit maximizing level of output for New Generation Company is: a. 202 units per day. b. 204 units per day. 206 units per day. d. 205 units per day. 12292-