Given the Table Below,what Is the Short-Run Profit-Maximizing Level of Output

question 4

Multiple Choice

Given the table below,what is the short-run profit-maximizing level of output for the firm?

• A) 2 units
• B) 3 units
• C) 4 units
• D) 5 units At output level of four units,total revenue exceeds total cost by $7.This is the maximum difference between total revenue and total cost,which means profit is maximized.

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