Marginal Marginal
Output revenue cost
0 -- --
1 $16 $10
2 16 9
3 16 13
4 16 17
5 16 21
Refer to the above data. At the profit-maximizing output the firm’s
total revenue is:
$48.
$32.
$80.
$64.
Business Homework Solutions
#9136
Economics 101 question
See attached file
1. Refer to the above data. At the profit-maximizing output the firm's total revenue is:
A. $48.
B. $32.
C. $80.
D. $64.
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