A Certain Firm's Marginal Cost, in Dollars, for a Product

question 2

Multiple Choice

A certain firm's marginal cost, in dollars, for a product is , its marginal revenue, in dollars, is , and its total cost of production of 8 items is $900. Find the profit or loss at the optimal level of production. Round your answer to the nearest dollar. ​

• A)$172 loss
• B)$172 profit
• C)$820 profit
• D)$820 loss
• E)$400 loss

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Definitions:

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