-If the market in the figure above was perfectly competitive rather than a monopoly, the perfectly competitive level of output would be
A) 4 units per day.
B) 5 units per day.
C) 6 units per day.
D) 10 units per day.

Question

-If the market in the figure above was perfectly competitive rather than a monopoly, the perfectly competitive level of output would be
A) 4 units per day. 
B) 5 units per day. 
C) 6 units per day. 
D) 10 units per day.

Quizplus · Accepted Answer

The Answer of 
-If the market in the figure above was perfectly competitive rather than a monopoly, the perfectly competitive level of output would be
A) 4 units per day. 
B) 5 units per day. 
C) 6 units per day. 
D) 10 units per day.

-If the Market in the Figure Above Was Perfectly Competitive