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How does a manufacturer set his or her total output to maximize profit?
A determine where marginal revenue and profit are the same
B determine the largest gap between total revenue and total cost
C setproduction so that total revenue plus costs is greatest
D set production at the point where marginal revenue is smallest

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The correct answer is letter B.

Explanation: The cost function is available for expenses incurred for,  production, or purchase, of any commodity or product.

Answer:

determine the largest gap between total revenue and total cost

Explanation:

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