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Use the Figure Below to Answer the Following Question

question 52

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Use the figure below to answer the following question.
Use the figure below to answer the following question.     Figure 12.3.5 -Refer to Figure 12.3.5, which shows the cost curves and the marginal revenue curve for a perfectly competitive firm. To maximize its profit, the firm produces ________ units of output and the price is ________ a unit. A) 30; $40 B) 30; $30 C) 20; $40 D) 20; $30 E) 30; $32.50
Figure 12.3.5
-Refer to Figure 12.3.5, which shows the cost curves and the marginal revenue curve for a perfectly competitive firm. To maximize its profit, the firm produces ________ units of output and the price is ________ a unit.


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