Suppose that the marginal revenue for a product is and the marginal cost is , with a fixed cost of . Find the profit or loss from the production and sale of 3 units.
A) loss of $697
B) loss of $1,341
C) profit of $1,341
D) profit of $1,237
E) loss of $1,237

Question

Suppose that the marginal revenue for a product is  and the marginal cost is  , with a fixed cost of  . Find the profit or loss from the production and sale of 3 units. ​
A) loss of $697 
B) loss of $1,341 
C) profit of $1,341 
D) profit of $1,237 
E) loss of $1,237

Quizplus · Accepted Answer

The Answer of Suppose that the marginal revenue for a product is  and the marginal cost is  , with a fixed cost of  . Find the profit or loss from the production and sale of 3 units. ​
A) loss of $697 
B) loss of $1,341 
C) profit of $1,341 
D) profit of $1,237 
E) loss of $1,237

Suppose That the Marginal Revenue for a Product Is