Answer. (b) 75
Explanation: Profit maximising output occurs where marginal cost is equal to marginal revenue. So 200-2q=50. So 200-50=2q. So 150=2q. And q=150/2 = 75. Thus the profit maximising quantity is 75 units.
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Afirm's marginal revenue of MR = 200-24, and marginal cost of MC = 50. The profit-maximizing...
At a firm's current level of production, marginal revenue is greater than marginal cost (MR>MC).A profit-maximizing firm will increase prices. increase output decrease output. O shut down.
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