A Good Marketing Manager for a Producer Knows That the Most

Multiple Choice

A good marketing manager for a producer knows that the most profitable price and level of output:

A) is where the positive difference between the total revenue and total cost curves is the greatest.
B) is where the firm's profit is the same as that of its competitors.
C) is where total revenue equals total cost.
D) is where total profit equals total cost.
E) None of these alternatives is correct.