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The Following Table Shows the Total Revenue (In Dollars)and Total

Question 36

Multiple Choice

The following table shows the total revenue (in dollars) and total cost (in dollars) from the production and sale of different units of a product.
Table 2-1
The following table shows the total revenue (in dollars) and total cost (in dollars) from the production and sale of different units of a product. Table 2-1    -Refer to Table 2-1.What is the profit-maximizing level of output for the firm? A) 3 units B) 2 units C) 1 unit D) 5 units E) 4 units
-Refer to Table 2-1.What is the profit-maximizing level of output for the firm?


A) 3 units
B) 2 units
C) 1 unit
D) 5 units
E) 4 units

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