Exhibit 24-7 -Refer to Exhibit 24-7. at the Profit-Maximizing Level of Output

Exhibit 24-7

-Refer to Exhibit 24-7. At the profit-maximizing level of output, the marginal cost of the last unit produced is _________ and the marginal revenue of the last unit sold is ____________.

A) $15; $15
B) $3; $3
C) $2; $2
D) $6; $6
E) $7: $7