Table 14-1
This table shows the revenue and costs of a parrot farmer.
-Refer to Table 14-1.Average revenue will be equal to marginal cost when the harvest is equal to:

Question

Table 14-1
This table shows the revenue and costs of a parrot farmer. 
-Refer to Table 14-1.Average revenue will be equal to marginal cost when the harvest is equal to:

Quizplus · Accepted Answer

From the table, we see that the marginal cost is decreasing as the number of parrots harvested increases until it reaches the fifth parrot, at which point the marginal cost is equal to the average revenue. Therefore, the best choice(s) would be when the harvest is equal to five parrots.

Table 14-1 This Table Shows the Revenue and Costs of a Parrot