Marginal analysis
A)can be very useful if a firm's pricing objective is profit maximization.
B)focuses on the last unit that will be sold.
C)can be used to find the most profitable price and quantity.
D)can help find the price that results in the greatest difference between total revenue and total cost.
E)All these answers are correct.

Question

Quizplus · Accepted Answer

Marginal analysis 1)can be useful if a firm's pricing objective is profit maximization; 2)focuses on the last unit that will be sold; 3)can be used to find the most profitable price and quantity; and 4)can help find the price that results in the greatest difference between total revenue and total cost.

Marginal Analysis