At what level of output does marginal cost equal marginal revenue?
A) 10
B) 20
C) 30
D) 40

Name: At what level of output does marginal cost equal marginal revenue? A) 10 B) 20 C) 30 D) 40
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Question

At what level of output does marginal cost equal marginal revenue? 
A) 10 
B) 20 
C) 30 
D) 40

Quizplus · Accepted Answer

At the level of output where marginal cost is equal to marginal revenue, the firm is producing at the point where it is maximizing its profit. In this case, the marginal cost curve intersects the marginal revenue curve at output level 30. Therefore, the best choice is C) 30.

At What Level of Output Does Marginal Cost Equal Marginal