The table given below shows the price of each unit of the product manufactured by a firm and the marginal cost of producing different units of the output. Table: 9.1
According to the information in Table 9.1, this firm will maximize profit when total output is equal to _____ units.

Question

The table given below shows the price of each unit of the product manufactured by a firm and the marginal cost of producing different units of the output. Table: 9.1
 According to the information in Table 9.1, this firm will maximize profit when total output is equal to _____ units.

Quizplus · Accepted Answer

The Answer of The table given below shows the price of each unit of the product manufactured by a firm and the marginal cost of producing different units of the output. Table: 9.1
 According to the information in Table 9.1, this firm will maximize profit when total output is equal to _____ units.

The Table Given Below Shows the Price of Each Unit