-Refer to Figure 10.6.At the profit-maximizing level of output,total revenue is
A) $10,000.
B) $20,000.
C) $40,000.
D) $50,000.

Question

-Refer to Figure 10.6.At the profit-maximizing level of output,total revenue is
A) $10,000. 
B) $20,000. 
C) $40,000. 
D) $50,000.

Quizplus · Accepted Answer

Without access to Figure 10.6, the correct answer cannot be determined directly from the image. However, the profit-maximizing level of output is where marginal cost equals marginal revenue. Total revenue at this point can be calculated by multiplying the quantity of goods sold by the price per unit. Without the specific details from Figure 10.6, a precise explanation cannot be provided.