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A Certain Firm's Marginal Cost, in Dollars, for a Product

Question 74

Multiple Choice

A certain firm's marginal cost, in dollars, for a product is A certain firm's marginal cost, in dollars, for a product is   , its marginal revenue, in dollars, is   , and its total cost of production of 8 items is $900. Find the profit or loss at the optimal level of production. Round your answer to the nearest dollar. ​ A) $172 loss B) $172 profit C) $820 profit D) $820 loss E) $400 loss , its marginal revenue, in dollars, is A certain firm's marginal cost, in dollars, for a product is   , its marginal revenue, in dollars, is   , and its total cost of production of 8 items is $900. Find the profit or loss at the optimal level of production. Round your answer to the nearest dollar. ​ A) $172 loss B) $172 profit C) $820 profit D) $820 loss E) $400 loss , and its total cost of production of 8 items is $900. Find the profit or loss at the optimal level of production. Round your answer to the nearest dollar. ​


A) $172 loss
B) $172 profit
C) $820 profit
D) $820 loss
E) $400 loss

Correct Answer:

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