GATE Civil Engineering
0 votes

The cost function for a  product in a firm is given by $5q^{2},$where $q$ is the amount of production. The firm can sell the product at a market price of Rs.$50$ per unit. The number of units to be produced by the firm such that the profit is maximized is

  1. $5$
  2. $10$
  3. $15$
  4. $25$
in Numerical Ability by (11.8k points)
edited by

Please log in or register to answer this question.

Answer:
Welcome to GATE Civil Q&A, where you can ask questions and receive answers from other members of the community.
Top Users Sep 2020
    1,042 questions
    95 answers
    26 comments
    44,028 users