The number of units to be produced by the firm such that the profit is maximized is

Question

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 is                                                                                                                   

      (a) 5                              (b) 10                         (c) 15                        (d) 25