Total Output Price Marginal

question 181

Multiple Choice

Total Output Price Marginal
Revenue
Average
Total Cost
Marginal
Cost
1 $100 $100 $100.00 $30
2 90 80 63.00 26
3 80 60 52.67 32
4 70 40 49.50 40
5 60 20 49.60 50
6 50 0 50.00 52
7 40 -20 52.29 66
8 30 -40 55.75 80
9 20 -60 60.67 100
10 10 -80 67.60 130
Refer to the data for a nondiscriminating monopolist.At its profit-maximizing output, this firm's total costs will be

• A)$300.
• B)$248.
• C)$198.
• D)$126.

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Definitions:

Sustainable Venture

A business endeavor designed to operate while keeping environmental, social, and financial viability in mind, ensuring long-term resilience and success.

Economic

Pertaining to the production, distribution, and consumption of goods and services, and the management of wealth.

Environmental

Pertaining to the natural world and the impact of human activity on its condition.

Family Roots

This refers to the origins and background of a family, including its history, culture, and lineage.