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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

break even

lose money

maximize profits

make some profit

Verified Answer :

syed514

marginal cost for 4 phones = 50

marginal revenue = 120

 
marginal cost for 1 phone = 80

marginal revenue = 200

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

bmdesouza111

Answer:

D - Make some profit

Explanation:

I took the test and this was correct.

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