Syukri, Iqmal and Amir run the only shop in Wang Ulu. They sell electrical goods such as televisions, washing machines, etc. However, their objectives are different from each other. Syukri wants to make as much profit as he can, Iqmal wants to sell as many goods as he can without losing money, and Amir wants to earn as much revenue as he can. The graph below illustrates their respective profits. (Note: The length of each square on the Y-axis represents RM100, and the length of each square on the X-axis represents 100 units.) 1.What is the profit for Amir?
Syukri, Iqmal and Amir run the only shop in Wang Ulu. They sell electrical goods such as televisions, washing machines, etc. However, their objectives are different from each other. Syukri wants to make as much profit as he can, Iqmal wants to sell as many goods as he can without losing money, and Amir wants to earn as much revenue as he can. The graph below illustrates their respective profits. (Note: The length of each square on the Y-axis represents RM100, and the length of each square on the X-axis represents 100 units.)
1.What is the profit for Amir?
A.195,000
B.0
C.180,000
D.160,000
E.150,000
F.100,000
G.270,000
H.300,000
I.20,000
2.What is the profit for Iqmal?
A.195,000
B.0
C.180,000
D.160,000
E.150,000
F.100,000
G.270,000
H.300,000
I.20,000
3.What is the profit for Syukri
A.195,000
B.0
C.180,000
D.160,000
E.150,000
F.100,000
G.270,000
H.300,000
I.20,000
4.The graph shows that the firm in the
A.perfectly competitive market
B.monopoly market
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