Use the following to answer question(s):
Exhibit: Total Revenue and Total Cost

-(Exhibit: Total Revenue and Cost) Total revenue at the most profitable level of output is given by point:

Question

Use the following to answer question(s): 
Exhibit: Total Revenue and Total Cost
 
-(Exhibit: Total Revenue and Cost) Total revenue at the most profitable level of output is given by point:

Quizplus · Accepted Answer

The most profitable level of output is where total revenue is equal to total cost. At point H, total revenue intersects with total cost, indicating that this output level generates the highest profit. Therefore, the answer is choice C) H.

Use the Following to Answer Question(s)