The cost function for a product in a firm is given by \(5q^2\) , where \(q\)…
GATE · 2012 · CS · General Aptitude
The cost function for a product in a firm is given by , where is the amount of production. The firm can sell the product at a market price of ₹ 50 per unit. The number of units to be produced by the firm such that the profit is maximized is
- A.
5
- B.
10
- C.
15
- D.
25
Attempted by 68 students.
Sign up free to check your answer
Sign up freeLoading lesson…