profit-maximizing output level

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A firm’s total cost and marginal cost functions are: TC = 10 Q2 + 2 Q – 2 and MC = 20 Q + 2. Assume that the market price is 62 and that the marginal revenue (MR) is also 62 at all output levels. What is the profit-maximizing output level?

a.2

b.3

c.4

d.None of the other choices GET A GENUINE 100 % CUSTOM TERM PAPER EFFICIENTLY ORDER A 5 STAR COLLEGE TERM PAPER NOW

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