Determine the profit-maximizing level of output

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Use the information about marginal cost (MC) and marginal revenue (MR) that is presented in the table below to determine the profit-maximizing level of output.

Output

1

2

3

4

5

6

7

8

9

MC

10

11

13

16

20

25

31

38

48

MR

50

45

40

35

30

25

20

15

10

Reference no: EM133079784

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