The Table Given Below Reports the Marginal Revenue and Marginal

Multiple Choice

The table given below reports the marginal revenue and marginal cost of Holmes Detective Agency for each client.Table 9.2

-A profit-maximizing firm will produce the level of output at which:

A) average revenue equals average cost.
B) average revenue equals average variable cost.
C) marginal revenue equals marginal cost.
D) marginal cost equals average revenue.
E) marginal revenue exceeds marginal cost by the maximum amount.