Multiple Choice
Table 8.3
-Refer to Table 8.3,which shows the output supplied by a firm and its total cost of production.If the market price is $8.50,the profit-maximizing output and profit are _____
A) 40 units and $35, respectively.
B) 40 units and $0, respectively.
C) 0 units and ?$50, respectively.
D) 30 units and $25, respectively.
E) 50 units and $30, respectively.
Correct Answer:

Verified
Correct Answer:
Verified
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