Question: Stanley is responsible for evaluating how many liters of coconut oil should be produced by his company. His optimal choice will be based on A)

 

Stanley is responsible for evaluating how many liters of coconut oil should be produced by his company. His optimal choice will be based on 

A) total revenue only

B) production costs only 

C) comparing marginal costs with marginal revenue 

D)comparing marginal costs with total utility 

E)comparing implicit with explicit costs

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