Economics 9708 · AS & A Level · 7.8

7.8 — practice question

A business can choose from five different output levels. The table gives the total cost and total revenue for production at each output level. Whatever it produces can be sold by the business. It chooses to produce 4000 units. What is the business’s aim?

  • Ato maximise profit
  • Bto maximise sales
  • Cto maximise revenue
  • Dto minimise average costs

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI