This is a microeconomics question

2. Consider the business whose Total Cost and Total Revenue for various quantities of a particular product are shown in the table below.

Quantity Total Cost total revenue

0 100 0

1 250 500

2 350 95

3 500 1350

4 725 1700

5 1000 2000

6 1400 2250

Use the Profit-Maximizing Rule to explain the quantity that this business should produce to maximize its profits. To receive any credit, your answer must both state the number to produce and an explanation of how you used the profit-maximizing rule to arrive at that number.