Exhibit 10-3 -The Profit-Maximizing Output for the Firm in Exhibit 10-3 Is

question 26

Multiple Choice

Exhibit 10-3

-The profit-maximizing output for the firm in Exhibit 10-3 is

• A) 0 units
• B) 1 unit
• C) 3 units
• D) 5 units
• E) impossible to determine because MC and MR are not known