The table presents a firm’s average revenue and average cost at various output levels. If all output is sold, which output level produces the highest profit?
- Aoutput 5 units, average revenue US$10, average cost US$30
- Boutput 10 units, average revenue US$20, average cost US$20
- Coutput 15 units, average revenue US$25, average cost US$15
- Doutput 20 units, average revenue US$30, average cost US$18