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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 50 per unit. The number of units to be produced by the firm such that the profit is maximized isa)5b)10c)15d)25Correct answer is option 'A'. Can you explain this answer? for Civil Engineering (CE) 2024 is part of Civil Engineering (CE) preparation. The Question and answers have been prepared according to the Civil Engineering (CE) exam syllabus. Information about 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 50 per unit. The number of units to be produced by the firm such that the profit is maximized isa)5b)10c)15d)25Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Civil Engineering (CE) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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 50 per unit. The number of units to be produced by the firm such that the profit is maximized isa)5b)10c)15d)25Correct answer is option 'A'. Can you explain this answer?.

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