Use the following to answer question:
-Table: Spring Water.The table shows the demand and cost data for a firm in a monopolistically competitive industry producing drinking water from underground springs.If the industry were in perfect competition,the profit-maximizing price in the long run would be:
A)$10.00.
B)$6.50.
C)$8.38
D)$8.29

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Use the following to answer question: 
-Table: Spring Water.The table shows the demand and cost data for a firm in a monopolistically competitive industry producing drinking water from underground springs.If the industry were in perfect competition,the profit-maximizing price in the long run would be:
A)$10.00. 
B)$6.50. 
C)$8.38 
D)$8.29

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The Answer of Use the following to answer question: 
-Table: Spring Water.The table shows the demand and cost data for a firm in a monopolistically competitive industry producing drinking water from underground springs.If the industry were in perfect competition,the profit-maximizing price in the long run would be:
A)$10.00. 
B)$6.50. 
C)$8.38 
D)$8.29

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