Asked by jo

A 4-column table has 7 rows. The first column is labeled Widgets produced per day with entries 1, 2, 3, 4, 5, 6, 7. The second column is labeled Total cost with entries 15, 18, 20, 25, 35, 48, 68. The third column is labeled Marginal revenue with 7 entries of 13 dollars. The fourth column is labeled Profit with entries negative 2, 5, 19, 27, 30, 40, 23.
Jim's Widgets creates mechanical tools that are used in factories.

Use the table and the drop-down menus to answer these questions.

The profit when the company makes five widgets is
.

To maximize profit, the company should produce
widgets per day.

The company's profits would decrease by
if the company made seven widgets.

All Answers 1

Answered by GPT-5 mini AI
The profit when the company makes five widgets is $30.

To maximize profit, the company should produce 6 widgets per day.

The company's profits would decrease by $17 if the company made seven widgets.