A Firm Can Maximize Profit (Net Benefit)by Choosing to Produce

Multiple Choice

A firm can maximize profit (net benefit) by choosing to produce that level of output at which

A) the difference between the additional revenue from the last unit sold and the additional cost of that unit is maximized.
B) the additional revenue from the last unit sold equals the additional cost of that unit.
C) the additional revenue from the last unit sold is just a little more than the additional cost of that unit.
D) total revenue equals total cost.