Use the Following to Answer Question

question 308

Multiple Choice

Use the following to answer question:
-(Table: Total Cost for a Perfectly Competitive Firm) Use Table: Total Cost for a Perfectly Competitive Firm.If the market price is $3.50,the profit-maximizing output is _____ units.

• A)5
• B)7
• C)8

---

Definitions:

Committee

A permanent, formal group that performs a specific task.