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Refer to the Following Figure

Question 8

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Refer to the following figure:
Refer to the following figure: The graph shows demand and marginal cost for a perfectly competitive firm. -If the firm is producing 100 units of output, increasing output by one unit would ______ the firm's profit by $______. A) increase, $3 B) increase, $2 C) decrease, $1 D) increase, $1 E) decrease, $2
The graph shows demand and marginal cost for a perfectly competitive firm.
-If the firm is producing 100 units of output, increasing output by one unit would ______ the firm's profit by $______.


A) increase, $3
B) increase, $2
C) decrease, $1
D) increase, $1
E) decrease, $2

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