Use the Table Below to Answer the Following Questions

question 70

Multiple Choice

Use the table below to answer the following questions.
Table 12.2.1

-Refer to Table 12.2.1, which gives the total revenue schedule and total cost schedule of a perfectly competitive firm. Economic profit is maximized when the firm produces ________ units of output.

• A)zero
• B)7
• C)3
• D)6