Multiple Choice
Marginal revenue equals marginal cost at an output of 20 units. At this output, marginal revenue equals $20, average variable cost equals $15, and average total cost equals $25. In the short run, a profit-maximizing firm will earn a profit of
A) -$200.
B) -$100.
C) $200.
D) $400.
Correct Answer:

Verified
Correct Answer:
Verified
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