The table shows the total costs for a purely competitive firm. If the product sells for $800 a unit, the firm's short run profit-maximizing (or loss-minimizing)output is
A)4.
B)1.
C)2.
D)5.

Question

The table shows the total costs for a purely competitive firm. If the product sells for $800 a unit, the firm's short run profit-maximizing (or loss-minimizing)output is
A)4. 
B)1. 
C)2. 
D)5.

Quizplus · Accepted Answer

The Answer of  The table shows the total costs for a purely competitive firm. If the product sells for $800 a unit, the firm's short run profit-maximizing (or loss-minimizing)output is
A)4. 
B)1. 
C)2. 
D)5.

The Table Shows the Total Costs for a Purely Competitive