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Suppose That the Marginal Revenue for a Product Is

Question 62

Multiple Choice

Suppose that the marginal revenue for a product is Suppose that the marginal revenue for a product is   and the marginal cost is   with a fixed cost of $900. How many units will result in a maximum profit? ​ A)  9 units B)  8 units C)  7 units D)  11 units E)  10 units and the marginal cost is Suppose that the marginal revenue for a product is   and the marginal cost is   with a fixed cost of $900. How many units will result in a maximum profit? ​ A)  9 units B)  8 units C)  7 units D)  11 units E)  10 units with a fixed cost of $900. How many units will result in a maximum profit? ​


A) 9 units
B) 8 units
C) 7 units
D) 11 units
E) 10 units

Correct Answer:

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