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The table below shows the total cost (TC), marginal cost (MC), total revenue (TR...
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The table below shows the total cost (TC), marginal cost (MC), total revenue (TR), and marginal revenue (MR) for a firm.
What is the optimal quantity for the firm?
| Q | TC | MC | TR | MR |
| 0 | 41 | 0 | ||
| 1 | 43 | 2 | 16 | 16 |
| 2 | 47 | 4 | 32 | 16 |
| 3 | 53 | 6 | 48 | 16 |
| 4 | 61 | 8 | 64 | 16 |
| 5 | 71 | 10 | 80 | 16 |
| 6 | 83 | 12 | 96 | 16 |
| 7 | 97 | 14 | 112 | 16 |
| 8 | 113 | 16 | 128 | 16 |
| 9 | 131 | 18 | 144 | 16 |
| 10 | 151 | 20 | 160 | 16 |
| 11 | 173 | 22 | 176 | 16 |
| 12 | 197 | 24 | 192 | 16 |
| 13 | 223 | 26 | 208 | 16 |
| 14 | 251 | 28 | 224 | 16 |
| 15 | 281 | 30 | 240 | 16 |