-Use the above figure. Total revenue at the profit-maximizing output is
A) $4,800.
B) $9,600.
C) $5,600.
D) $8,000.

Question

-Use the above figure. Total revenue at the profit-maximizing output is
A) $4,800. 
B) $9,600. 
C) $5,600. 
D) $8,000.

Quizplus · Accepted Answer

The profit-maximizing output is where marginal cost equals marginal revenue. The total revenue is calculated by multiplying the price at this output level by the quantity sold. Based on the given options, $9,600 is the correct total revenue at the profit-maximizing output.

-Use the Above Figure