The Following Table Shows Some Costs and Prices Faced by a Company

question 139

Multiple Choice

The following table shows some costs and prices faced by a company that produces submarines.
Table 7.3
-In Table 7.3,at the profit-maximizing rate of output,marginal cost is equal to _____ and marginal revenue is equal to _____.

• A) $30 million;$90 million
• B) $50 million;$50 million
• C) $40 million;$70 million
• D) $70 million;$30 million

Interpret and analyze contingency tables for probability estimation.

Calculate joint, marginal, and conditional probabilities from given data.

Assess probability distributions and their legitimacy in practical scenarios.

Determine probabilities involving complementary events and their properties.

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