What quantity of output should the firm sell

Reference no: EM13208734

Using the following demand schedule, compute marginal and average revenue: Quantity 1 2 3 4 5 6 7 8 Price 100 95 88 80 70 55 40 22 Suppose the marginal cost of producing the good above is constant $10 per unit. What quantity of output should the firm sell (i.e. what level of output is profit maximized)?

Reference no: EM13208734

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