-The Figure Above Shows a Perfectly Competitive Firm

question 62

Multiple Choice

-The figure above shows a perfectly competitive firm.If the market price is $40 per unit,then the firm produces ________ units and makes an economic profit that is ________.

• A) more than 45; more than $400
• B) 40; more than $400
• C) 40; less than $400
• D) 30; equal to zero
• E) 30; more than $250

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