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-The Figure Above Shows a Perfectly Competitive Firm

Question 106

Multiple Choice

-The figure above shows a perfectly competitive firm. To maximise its profit, the firm will produce _______ units of output and the price will be _______ for a unit. A) 30; $40 B) 30; $30 C) 20; $30 D) 20; $40
-The figure above shows a perfectly competitive firm. To maximise its profit, the firm will produce _______ units of output and the price will be _______ for a unit.


A) 30; $40
B) 30; $30
C) 20; $30
D) 20; $40

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