In marginal analysis, the most profitable price is the price at which:
A) Profit is based on competitive pricing.
B) Total revenue and total cost are equal.
C) The difference between total revenue and total cost is greatest.
D) Total profit and total cost are equal.
E) None of these is a good answer.

Question

Quizplus · Accepted Answer

The most profitable price in marginal analysis is the price at which the difference between total revenue and total cost is greatest, as this difference represents the maximum profit.

In Marginal Analysis, the Most Profitable Price Is the Price