Chapter 10, Problem 37RE

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11th Edition

Ronald J. Harshbarger + 1 other

ISBN: 9781305108042

Textbook Problem

** Marginal profit** The figure shows the graph of a marginal profit function for a company. At what level of sales will profit be maximized? Explain.

To determine

The level of sales where the profit is maximum and the figure shows the graph of a marginal profit function for a company,

Explanation

**Given Information:**

The provided graph is

**Explanation:**

Consider the graph

The figure represents the graph of a marginal profit function for a company.

Recall that the profit is maximized when the marginal profit curve changes from positive to negative.

From the graph, the curve is increasing before

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