The following table shows the quantity demanded of a good at various prices for a monopoly firm.

Refer to Table 11-1.If the marginal cost of producing each unit is $30,what is the firm's profit-maximizing level of output?
A)3
B)4
C)5

Question

The following table shows the quantity demanded of a good at various prices for a monopoly firm.

Refer to Table 11-1.If the marginal cost of producing each unit is $30,what is the firm's profit-maximizing level of output?
A)3 
B)4 
C)5

Quizplus · Accepted Answer

The Answer of The following table shows the quantity demanded of a good at various prices for a monopoly firm.

Refer to Table 11-1.If the marginal cost of producing each unit is $30,what is the firm's profit-maximizing level of output?
A)3 
B)4 
C)5

The Following Table Shows the Quantity Demanded of a Good