brookymiller7396 brookymiller7396
  • 18-11-2021
  • Business
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the firm has total fixed costs of $100 and a constant marginal cost of $25 per unit. the firm will maximize profit with the production of:

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topeadeniran2 topeadeniran2
  • 23-11-2021

Based on the information given, the firm will maximize profit with the production of 16 units of output.

A fixed cost simply means the cost that doesn't vary. It doesn't change with the production as it's always constant.

Based on the complete information, from the diagram, we can see that when the firm has total fixed costs of $100 and a constant marginal cost of $25 per unit, the firm will maximize profit with the production of 16 units of output.

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