A certain firm's marginal cost, in dollars, for a product is , its marginal revenue, in dollars, is , and its total cost of production of 8 items is $900. Find the profit or loss at the optimal level of production. Round your answer to the nearest dollar.
A) $172 loss
B) $172 profit
C) $820 profit
D) $820 loss
E) $400 loss

Question

A certain firm's marginal cost, in dollars, for a product is  , its marginal revenue, in dollars, is  , and its total cost of production of 8 items is $900. Find the profit or loss at the optimal level of production. Round your answer to the nearest dollar. ​
A) $172 loss 
B) $172 profit 
C) $820 profit 
D) $820 loss 
E) $400 loss

Quizplus · Accepted Answer

The Answer of A certain firm's marginal cost, in dollars, for a product is  , its marginal revenue, in dollars, is  , and its total cost of production of 8 items is $900. Find the profit or loss at the optimal level of production. Round your answer to the nearest dollar. ​
A) $172 loss 
B) $172 profit 
C) $820 profit 
D) $820 loss 
E) $400 loss

A Certain Firm's Marginal Cost, in Dollars, for a Product