The Table Given Below Reports the Marginal Revenue and Marginal

question 55

Multiple Choice

The table given below reports the marginal revenue and marginal cost of Holmes Detective Agency for each client.Table 9.2

-According to Table 9.2, what will be the total number of clients that will maximize profits for the Holmes Detective Agency?

• A)2
• B)3
• C)5
• D)6

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Definitions:

United States

A country located in North America, comprising 50 states, a federal district, and various territories, known for its large economy and diverse population.

Capital

Financial assets or the financial value of assets, such as cash and goods, used in production or to generate income.

Worker

An individual who provides labor or services to an employer in exchange for wages, salary, or other forms of compensation.

Output

The total amount of goods and services produced by an economy, business, or machine over a specific period.