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Title: At which quantity of output is marginal revenue equal to marginal cost?

Question Details
Q:

        Quantity         Total Revenue          Total Cost

               0                           $ 0                          $ 10

               1                            9                             14

               2                           18                            19

               3                           27                            25

               4                           36                            32

               5                           45                            40

               6                           54                            49

               7                           63                            59

               8                           72                            70

               9                           81                            82

Q: At which quantity of output is marginal revenue equal to marginal cost?

           a.   3

           b.   6

           c.    8

           d.   All of the above are correct.


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Title: At which quantity of output is marginal revenue equal to marginal cost?

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    • Posted Date: Apr 27, 2012 at 9:27:03 PM

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A:
...sp;        a.   3         &nb...
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