In Order to Maximize Profit,a Firm That Produces Two Goods

Multiple Choice

In order to maximize profit,a firm that produces two goods that are related in consumption should chose the levels of output at which:

A) total marginal revenue equals total marginal cost
B) total marginal revenue equals the marginal cost of each good
C) the marginal revenue of each good equals total marginal cost
D) marginal revenue equals marginal cost for each good
E) none of the above