Multiple Choice
Table 10-1 
-In Table 10-1 are the short-run cost schedules of a perfectly competitive firm.If the market price of output is $50, the firm will produce ____ units and earn a profit of ____.
A) 6; $187.02
B) 6; $48
C) 8; $154.96
D) 8; $245.04
Correct Answer:
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