Question

The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blazer. Use the chart to calculate the company's profit. If ProPhone sells four phones, the company will
break even
lose money
maximize profits
make some profit

Answer 1

marginal cost for 4 phones- 50
marginal revenue- 120

marginal cost for 1 phone- 80
marginal revenue- 200


I know theres a profit to be made, I'm just trying to sort out if 4 phones is maximizing my profits or just making some profit for me. The only other option Ive found that is relatively the same amount of revenue is for one phone, all other options revenue was significantly lower.

Answer 2

did u get the answer?