Gate CS-2012 Question Paper With Solutions

Q. 56 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

(A) 5

(B) 10

(C) 15

(D) 25

Answer: (A)

Explanation:

Gate CS-2012 Question Paper With Solutions

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