-The profit-maximizing firm will be earning total revenue of about
A)$800.
B)$556.
C)$400.
D)$650.

Question

-The profit-maximizing firm will be earning total revenue of about
A)$800. 
B)$556. 
C)$400. 
D)$650.

Quizplus · Accepted Answer

The profit-maximizing firm's total revenue is determined by the price at which it can sell its product multiplied by the quantity of the product it sells. Without specific details on price or quantity, it's impossible to provide a detailed explanation. However, if the question assumes that $800 is the total revenue at the profit-maximizing level of output, then that would be the correct choice based on the information given.

-The Profit-Maximizing Firm Will Be Earning Total Revenue of About