-Refer to Table 26.2.At the profit-maximizing output and price,Sylvie's Shampoo Company.will earn a profit equal to
A)$36.
B)$30.
C)$140.

Name: -Refer to Table 26.2.At the profit-maximizing output and price,Sylvie's Shampoo Company.will earn a profit equal to A)$36. B)$30. C)$140.
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Question

-Refer to Table 26.2.At the profit-maximizing output and price,Sylvie's Shampoo Company.will earn a profit equal to
A)$36. 
B)$30. 
C)$140.

Quizplus · Accepted Answer

The profit-maximizing output and price occur where marginal cost equals marginal revenue. Based on the given options, $36 is the correct profit amount.