A business that discovers a decline in profit can best solve the problem by

a. firing any workers who were hired since the business had maximum profits
b. hiring more workers until the former level of profit is reached
c. creating a production costs schedule to find the point when increasing returns change to diminishing returns
d. creating a production costs and revenues schedule to find the profit-maximizing output

Ans: d. creating a production costs and revenues schedule to find the profit-maximizing output