Table 9-2 Refer to Table 9-2. This Table Provides Information on a Information

question 301

Multiple Choice

Table 9-2

Refer to Table 9-2. This table provides information on a competitive price-taker firm's output, marginal revenue, and marginal cost. If the firm is currently producing 14 units, what would you advise them to do?

• A) Decrease quantity to 13 units.
• B) Increase quantity to 17 units.
• C) Continue to operate at 14 units.
• D) Increase quantity to 16 units.