The firm's most efficient output would be

A) 70 units.
B) 80 units.
C) 90 units.
D) 100 units.

Question

The firm's most efficient output would beA) 70 units.B) 80 units.C) 90 units.D) 100 units.

Maddie Jordan · Accepted Answer

Final Answer : C, Explanation :  The most efficient output is where the marginal cost (MC) equals the marginal revenue (MR). From the given table, we can see that at production level of 90 units, MC = MR = $20. At any other level, either MC is greater than MR (for output level greater than 90) or MR is greater than MC (for output level less than 90). Therefore, producing 90 units would result in the most efficient output.

The firm's most efficient output would be

A) 70 units.
B) 80 units.
C) 90 units.
D) 100 units.

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