Output Marginal Revenue Marginal-Cost 0 — — 1 $ 16 $…
Output Marginal Revenue Marginal-Cost 0 — — 1 $ 16 $ 10 2 16 11 3 16 13 4 16 17 5 16 21 Refer to the data in the accompanying table. If the firm’s minimum average variable cost is $10, the firm’s profit-maximizing level of output would be