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Question 129

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Use the following to answer questions: Use the following to answer questions: -(Table: Demand for Lenny's Coffee) Look at the table Demand for Lenny's Coffee. Lenny's Café is the only source of coffee for hundreds of miles in any direction. If Lenny's marginal cost of selling coffee is a constant $2, his profit-maximizing level of output is _____ cups at _____ per cup. A) four; $6 B) eight; $3 C) five; $5 D) three; $7
-(Table: Demand for Lenny's Coffee) Look at the table Demand for Lenny's Coffee. Lenny's Café is the only source of coffee for hundreds of miles in any direction. If Lenny's marginal cost of selling coffee is a constant $2, his profit-maximizing level of output is _____ cups at _____ per cup.


A) four; $6
B) eight; $3
C) five; $5
D) three; $7

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