Refer to the data provided in Table 9.2 below to answer the question(s) that follow.
Table 9.2
-Refer to Table 9.2. At a market price of $28, if the firm produces where MR = MC, then it would produce ________ units of output and earn an economic profit of ________.
A) 0; -$50
B) 4; $0
C) 5; $0
D) either 4 or 5; $0
Correct Answer:
Verified
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