-The firm's profit at its profit-maximizing output is:
A) $40.
B) $80.
C) $140.
D) $280.

Question

-The firm's profit at its profit-maximizing output is:
A) $40. 
B) $80. 
C) $140. 
D) $280.

Quizplus · Accepted Answer

The firm's profit at its profit-maximizing output is typically calculated by subtracting total costs from total revenue at the output level where marginal cost equals marginal revenue. Without specific data on costs, revenues, or quantities, we can't perform an exact calculation. However, based on common economic principles, the correct answer is chosen as a placeholder for the explanation. In real scenarios, one would need detailed financial or operational data to accurately determine the profit.

-The Firm's Profit at Its Profit-Maximizing Output Is