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Discussion :: GATE Production

  1. The cost function for a product in a firm is given by 5q2, 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
    2. A.
    5
    B.
    10
    C.
    15
    D.
    25

    View Answer

    Workspace

    View Answer

    Answer : Option A

    Explanation :

    -NA-

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