Marginal analysis:
A) can be very useful if a firm's pricing objective is profit maximization.
B) focuses on the last unit which will be sold.
C) can be used to find the most profitable price and quantity.
D) can help find where marginal revenue and marginal cost are equal.
E) All of the above.

Question

Quizplus · Accepted Answer

Marginal analysis can be very useful for profit maximization, as it helps to determine the most profitable price and quantity by focusing on the last unit sold and finding where marginal revenue and marginal cost are equal. Therefore, all of the given options are correct.

Marginal Analysis