Question

question
at which quantity will profit be the greatest?

quantity	average total cost	price
20	9	9
30	7	9
40	9	9
50	10	9

provide your answer below:

quantity =

Explanation:

Step1: Recall profit formula

Profit = (Price - Average total Cost)×Quantity

Step2: Calculate profit for quantity 10

Profit_10=(9 - 10)×10=- 10

Step3: Calculate profit for quantity 20

Profit_20=(9 - 9)×20 = 0

Step4: Calculate profit for quantity 30

Profit_30=(9 - 7)×30=60

Step5: Calculate profit for quantity 40

Profit_40=(9 - 9)×40 = 0

Step6: Calculate profit for quantity 50

Profit_50=(9 - 10)×50=- 50

Answer:

30