The table gives the firm’s total revenue and marginal cost at various output levels. If the firm aims to maximise its profits, what is the greatest level of output it will produce?
- A3 tonnes
- B4 tonnes
- C5 tonnes
- D6 tonnes
Economics 9708 · AS & A Level · 7.5
The table gives the firm’s total revenue and marginal cost at various output levels. If the firm aims to maximise its profits, what is the greatest level of output it will produce?