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The table given below shows the price of each unit of the product manufactured by a firm and the marginal cost of producing different units
The table given below shows the price of each unit of the product manufactured by a firm and the marginal cost of producing different units of the output. Table: 10.1 Output Price Marginal Cost 0 81 SO 1 81 $1.00 2 81 3.80 3 81 8.70 4 81 8.50 5 81 8.50 6 81 8.70 7' 81 3.80 8 81 8.86 9 $1 $1.00 10 81 $1.09 According to the information in Table 10.1, this firm will maximize profit when total output is equal to units
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