The Following Questions Refer to the Graph Below,which Is for a Firm

question 35

Multiple Choice

The Following Questions Refer to the graph below,which is for a firm in a competitive market.

-The profit-maximizing price and quantity for this competitive firm are

• A)$5 and 100
• B)$5 and 150
• C)$7 and 100
• D)$7 and 150
• E)$7 and more than 150