The Graph Below Shows Demand and Marginal Cost for a Perfectly

question 33

Multiple Choice

The graph below shows demand and marginal cost for a perfectly competitive firm.If the firm is producing 100 units of output,increasing output by one unit would ______ the firm's profit by $______.

• A)increase,$3
• B)increase,$2
• C)decrease,$1
• D)increase,$1
• E)decrease,$2

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Definitions:

Safety Features

Systems, procedures, or devices designed to prevent accidents and protect individuals from harm in various environments, including vehicles, workplaces, and public spaces.

Computer-generated Data

Information produced by computational processes, often used for analysis, simulation, or predictive modeling.

Infallible

Incapable of making mistakes or being wrong; often used to describe individuals or systems that are considered perfect or error-free.

Open Workspace Arrangements

Office design that eliminates traditional barriers like cubicles and private offices in favor of a shared space to encourage collaboration, communication, and flexibility.