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Anna is a Polish chef who runs a small catering business in a competitive industry in Chicago. She specializes in making pierogies (Polish dumplings)....
Anna is a Polish chef who runs a small catering business in a competitive industry in Chicago. She specializes in making pierogies (Polish dumplings). Anna makes and sells 350 packages of pierogies per month. Her monthly total revenue is $1750. The marginal cost of making the 351st package of pierogies is $3. In order to maximize profits, Anna should
make more than 350 packages of pierogies per month.
make fewer than 350 packages of pierogies per month.
continue to make 350 packages of pierogies per month.
We do not have enough information to decide if Anna should produce a larger, smaller or the same number of packages of pierogies.
