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Table 85 -Refer to Table 8

Question 37

Multiple Choice

Table 8.5
 Quantity  of Output  Total  Revenue ($)  Total  Cost ($) 00501050702010090301501204020020050250325\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Quantity } \\\text { of Output }\end{array} & \begin{array} { c } \text { Total } \\\text { Revenue } ( \$ ) \end{array} & \begin{array} { c } \text { Total } \\\text { Cost } ( \$ ) \end{array} \\\hline 0 & 0 & 50 \\\hline 10 & 50 & 70 \\\hline 20 & 100 & 90 \\\hline 30 & 150 & 120 \\\hline 40 & 200 & 200 \\\hline 50 & 250 & 325 \\\hline\end{array}
-Refer to Table 8.5,which shows the output supplied by a firm,its total revenue,and its total cost of production.What is the profit-maximizing output?


A) 10 units
B) 20 units
C) 30 units
D) 40 units
E) 50 units

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