Which of the Following May Be Consistent with Profit-Maximizing Behavior

Multiple Choice

Which of the following may be consistent with profit-maximizing behavior by a price-taking producer:

A) Output is set where price is equal to marginal cost.
B) Output is set where marginal revenue is equal to marginal cost.
C) No output is produced.
D) (a) and (b)
E) (a) and C
F) (b) and (c)
G) All of the above
H) None of the above