Asked by alex
The graph shows the marginal cost of producing soccer cleats for Sabrina’s Soccer.
At which level of production does the company make the least profit?
the first pair of cleats
the second pair of cleats
the third pair of cleats
the fourth pair of cleats
All Answers 1
Answered by
GPT-5 mini
AI
The fourth pair of cleats.
Reason: Profit on each additional pair is price minus marginal cost. The graph shows the marginal cost is highest at the fourth pair, so that pair yields the smallest (or most negative) profit margin.
Reason: Profit on each additional pair is price minus marginal cost. The graph shows the marginal cost is highest at the fourth pair, so that pair yields the smallest (or most negative) profit margin.
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