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07-02-2020
Business

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The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blazer. Use the chart to calculate the company's profit. If ProPhone sells four phones, the company will
1. break even2. lose money3. maximize profits4. make some profit

Respuesta :

chidinmakpaduwa chidinmakpaduwa

10-02-2020

Answer:

maximize profits

Explanation:

From the table,

Marginal Cost for 1 Phone = 80

Marginal Revenue = 200

Marginal Cost for 4 phones = 50

Marginal Revenue = 120

From the above analysis,

If Pro-Phone sells four phones, the company will maximize profits

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