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At What Level of Output Does Marginal Cost Equal Marginal

Question 59

Multiple Choice

At what level of output does marginal cost equal marginal revenue?

 No. Units Produced  Total Revenue Total Costs 0001100502180110325018042902705310380\begin{array} { c c c } \text { No. Units Produced } & \text { Total Revenue } & \text {Total Costs } \\0 & 0 & 0 \\ 1 & 100 & 50 \\ 2 & 180 & 110 \\ 3 & 250 & 180 \\ 4 & 290 & 270 \\ 5 & 310 & 380 \end{array}


A) 1
B) 2
C) 3
D) 4

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