The table gives data for a purely competitive firm. When the firm produces 3 units of output, it makes an economic
A)profit of $45.
B)profit of $21.
C)profit of $18.
D)loss of $24.

Question

The table gives data for a purely competitive firm. When the firm produces 3 units of output, it makes an economic
A)profit of $45. 
B)profit of $21. 
C)profit of $18. 
D)loss of $24.

Quizplus · Accepted Answer

The Answer of  The table gives data for a purely competitive firm. When the firm produces 3 units of output, it makes an economic
A)profit of $45. 
B)profit of $21. 
C)profit of $18. 
D)loss of $24.

The Table Gives Data for a Purely Competitive Firm