The following table contains information for a price taking competitive firm. Complete the table and determine the profit maximizing level of output (round your answer to the nearest whole number).
Total Marginal Fixed Average Total Average Marginal
Output Cost Cost Cost Cost Revenue Revenue Revenue
0 5 0
1 7 10
2 11 20
3 17 30
4 27 40
5 41 50
6 61 60
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Q36: Q37: Marginal profit is negative when: Q38: Suppose we plot the total revenue curve Q39: The perfectly competitive firm's marginal revenue curve Q40: If current output is less than the Q42: An improvement in technology would result in: Q43: If a competitive firm has a U-shaped Q44: If a graph of a perfectly competitive Q45: Average cost for the firm in Table Q46: 
A) marginal revenue
A)
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