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whatsupgirl16 whatsupgirl16
wrote...
Posts: 425
3 years ago
The following table shows costs and revenue schedules for a firm.

Quantity (units)AC (£)MC (£)AR (£)MR (£)
1003.203.003.003.00
2002.802.803.003.00
3002.843.003.003.00
4003.003.603.003.00
5004.006.003.003.00
6006.009.003.003.00
At what output will the firm maximise profit?

▸ 400

▸ 600

▸ 200

▸ 300
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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Answer verified by a subject expert
purplepanda1516purplepanda1516
wrote...
Posts: 415
3 years ago
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wrote...
2 years ago
thank you
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