Use the Figure to Answer the Following Question(s)

question 217

Multiple Choice

Use the figure to answer the following question(s) .
Figure 9-4

If the market price of the product in Figure 9-4 rose to $8, indicate the firm's profit-maximizing output and total revenue.

• A) output, 5 million; total revenue, $30 million
• B) output, 5 million; total revenue, $40 million
• C) output, 6 million; total revenue, $10 million (approx.)
• D) output, 6 million; total revenue, $48 million

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