begin array c c text Output kg amp 240 amp 450 ... - JAMB Economics 2005 Question
\(\begin{array}{c|c}
\text{Output(kg)} & 240 & 450 & 580 & 630 \\ \hline
\text{MR(N)} & 75 & 48 & -40 & -22 \\ \hline
\text{MC(N)} & 41& 48 & 77 & 20 \\ \end{array}\)
Given the table above, what is the firm's short - run profit maximizing output?
\text{Output(kg)} & 240 & 450 & 580 & 630 \\ \hline
\text{MR(N)} & 75 & 48 & -40 & -22 \\ \hline
\text{MC(N)} & 41& 48 & 77 & 20 \\ \end{array}\)
Given the table above, what is the firm's short - run profit maximizing output?
A
450kg
B
630kg
C
240kg
D
580kg
correct option: a
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