Economics 0455 · IGCSE · Firms’ costs, revenue and objectives

Firms’ costs, revenue and objectives — practice question

The table gives a firm's variable costs. Each unit can be sold for $\$5$. Its fixed costs are $\$10$. How many units should the firm produce in order to maximise profits?

  • A10
  • B11
  • C12
  • D13

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