Table 14-9
Suppose that a firm in a competitive market faces the following revenues and costs:
-Refer to Table 14-9. In order to maximize profit, the firm will produce a level of output where marginal cost is equal to
A)$6.
B)$7.
C)$8.
D)$9.

Question

Table 14-9
Suppose that a firm in a competitive market faces the following revenues and costs: 
-Refer to Table 14-9. In order to maximize profit, the firm will produce a level of output where marginal cost is equal to
A)$6. 
B)$7. 
C)$8. 
D)$9.

Quizplus · Accepted Answer

The Answer of Table 14-9
Suppose that a firm in a competitive market faces the following revenues and costs: 
-Refer to Table 14-9. In order to maximize profit, the firm will produce a level of output where marginal cost is equal to
A)$6. 
B)$7. 
C)$8. 
D)$9.

Table 14-9 Suppose That a Firm in a Competitive Market Faces the Faces