Multiple Choice
Given the table below,what is the short-run profit-maximizing level of output for the firm? 
A) 2 units
B) 3 units
C) 4 units
D) 5 units
At output level of four units,total revenue exceeds total cost by $7.This is the maximum difference between total revenue and total cost,which means profit is maximized.
Correct Answer:
Verified
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