Profit per Product Sold (dollars)

Question

40
30
20
10
0
0
100
200
300
Number of Products Sold
400
500
The given graph represents the relationship between the profit per product sold versus the total number of products sold in a business model. To achieve the maximum profit
per product sold, how many products does this business need to sell?

Answer 1

To achieve the maximum profit per product sold, the business needs to sell 500 products. This is because at that point, the profit per product sold is at its highest point of $40.