Question

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.

How many phones will ProPhone need to sell to maximize profit?

a) FOUR
b) SIX
c) NINE
d) TWELVE

Answer 1

6

Explanation:

Answer 2

The correct answer among the choices provided is option B. ProPhone will need to sell six phones to maximize their profit. To calculate the profit, the total revenue is subtracted by the total cost. The profit of selling six phone units is 300 which is the highest.