Business
Business, 26.11.2019 03:31, pamelaacuna

Suppose that the owner of a smartphone monopoly hires you to determine whether his firm has made the profit-maximizing number of smartphones. he provides you with the following production and sales information for the first six months of 2016.month sales mr of last unit mc of last unitjanuary 2016 10,000 $250 $225february 2016 10,500 $230 $230march 2016 11,000 $220 $210april 2016 10,500 $210 $220may 2016 12,000 $200 $210june 2016 11,000 $220 $220in which months should the firm have produced fewer smartphones? in which months should the firm have produced more smartphones? in which months was the firm maximizing profits?

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