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A Certain Firm's Marginal Cost for a Product Is

Question 75

Multiple Choice

A certain firm's marginal cost for a product is A certain firm's marginal cost for a product is   , its marginal revenue is   , and its total cost of production of 15 units is $1,050. Find the optimal level of production. ​ A)  14 units B)  10 units C)  11 units D)  13 units E)  12 units , its marginal revenue is A certain firm's marginal cost for a product is   , its marginal revenue is   , and its total cost of production of 15 units is $1,050. Find the optimal level of production. ​ A)  14 units B)  10 units C)  11 units D)  13 units E)  12 units , and its total cost of production of 15 units is $1,050. Find the optimal level of production. ​


A) 14 units
B) 10 units
C) 11 units
D) 13 units
E) 12 units

Correct Answer:

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