The following table shows the total revenue (in dollars)and total cost (in dollars)from the production and sale of different units of a product.
Table 2-1

-Refer to Table 2-1.What is the profit-maximizing level of output for the firm?
A)3 units
B)2 units
C)1 unit
D)5 units
E)4 units

Question

The following table shows the total revenue (in dollars)and total cost (in dollars)from the production and sale of different units of a product.
Table 2-1
 
-Refer to Table 2-1.What is the profit-maximizing level of output for the firm?
A)3 units 
B)2 units 
C)1 unit 
D)5 units 
E)4 units

Quizplus · Accepted Answer

The Answer is D

The Following Table Shows the Total Revenue (In Dollars)and Total