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Table 13-4 Table 13-4 Lists Estimated Revenues and Costs (Per Week)for Plastic

Question 133

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Table 13-4
Table 13-4     Table 13-4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to universities and private research laboratories. -Refer to Table 13-4.Victoria's profit-maximizing output is where A) total profit equals $3. B) marginal revenue and marginal cost both equal $4. C) marginal revenue and marginal cost both equal $3. D) marginal cost is at its minimum value.
Table 13-4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to universities and private research laboratories.
-Refer to Table 13-4.Victoria's profit-maximizing output is where


A) total profit equals $3.
B) marginal revenue and marginal cost both equal $4.
C) marginal revenue and marginal cost both equal $3.
D) marginal cost is at its minimum value.

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