Multiple Choice
The following table shows the total revenue (in dollars) and total cost (in dollars) from the production and sale of different units of a product.
Table 2-1
-Refer to Table 2-1. What is the profit-maximizing level of output for the firm?
A) 3 units
B) 2 units
C) 1 unit
D) 5 units
E) 6 units
Correct Answer:

Verified
Correct Answer:
Verified
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