Table 15-4

Shakti Inc. has been granted a patent for its Arnica toothache balm. Table 15-4 shows the demand and the total cost schedule for the firm.
-Refer to Table 15-4.What is the economically efficient output level?
A)5 units
B)6 units
C)7 units
D)8 units

Question

Table 15-4
  
Shakti Inc. has been granted a patent for its Arnica toothache balm. Table 15-4 shows the demand and the total cost schedule for the firm.
-Refer to Table 15-4.What is the economically efficient output level?
A)5 units 
B)6 units 
C)7 units 
D)8 units

Quizplus · Accepted Answer

The Answer of Table 15-4
  
Shakti Inc. has been granted a patent for its Arnica toothache balm. Table 15-4 shows the demand and the total cost schedule for the firm.
-Refer to Table 15-4.What is the economically efficient output level?
A)5 units 
B)6 units 
C)7 units 
D)8 units

Table 15-4 Shakti Inc. Has Been Granted a Patent for Its Arnica