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Use the Figure to Answer the Following Question(s)

Question 255

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Use the figure to answer the following question(s) .
Figure 9-8 Use the figure to answer the following question(s) . Figure 9-8 -If the market price in Figure 9-8 increases to $4, indicate the firm's profit-maximizing output and total revenue. A) output, 15; total revenue, $45 B) output, 15; total revenue, $60 C) output, 17; total revenue, $68 (approx.) D) output, 20; total revenue, $80
-If the market price in Figure 9-8 increases to $4, indicate the firm's profit-maximizing output and total revenue.


A) output, 15; total revenue, $45
B) output, 15; total revenue, $60
C) output, 17; total revenue, $68 (approx.)
D) output, 20; total revenue, $80

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