Marginal revenue is equal to its marginal cost

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Reference no: EM13981405

Goodspeed Automobiles manufactures 100 disc brake cylinders. At this output level, its marginal revenue is equal to its marginal cost. If the revenue per unit of output is $500 and the cost per unit is $350, its profit is:

a. $10,000.

b. $15,000.

c. $25,000.

d. $45,000.

e. $20,000.

Reference no: EM13981405

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