Use the following to answer questions:
-(Table: Marginal Analysis of Sweatshirt Production I) Look at the table Marginal Analysis of Sweatshirt Production I. The optimal quantity of sweatshirts to produce is:

Question

Use the following to answer questions: 
-(Table: Marginal Analysis of Sweatshirt Production I) Look at the table Marginal Analysis of Sweatshirt Production I. The optimal quantity of sweatshirts to produce is:

Quizplus · Accepted Answer

The marginal revenue (MR) is greater than the marginal cost (MC) up to three sweatshirts. After three sweatshirts, the MR is less than the MC, so the optimal quantity is three.

Use the Following to Answer Questions