Assume the price of a product sold by a purely competitive firm is $3. Given the data in the accompanying table, at what output level is total profit highest in the short run?
A)35.
B)30.
C)25.
D)40.

Question

Assume the price of a product sold by a purely competitive firm is $3. Given the data in the accompanying table, at what output level is total profit highest in the short run? 
A)35. 
B)30. 
C)25. 
D)40.

Quizplus · Accepted Answer

The Answer of Assume the price of a product sold by a purely competitive firm is $3. Given the data in the accompanying table, at what output level is total profit highest in the short run? 
A)35. 
B)30. 
C)25. 
D)40.

Assume the Price of a Product Sold by a Purely