Figure 9-16
If the price-taker firm in Figure 9-16 is currently producing 6 units, then to maximize profit in the short run, it should
A) keep producing 6 units
B) increase production to 12 units
C) increase production to 14 units
D) increase production to 8 units
E) shut down

Question

Figure 9-16 
If the price-taker firm in Figure 9-16 is currently producing 6 units, then to maximize profit in the short run, it should
A) keep producing 6 units 
B) increase production to 12 units 
C) increase production to 14 units 
D) increase production to 8 units 
E) shut down

Quizplus · Accepted Answer

The Answer of Figure 9-16 
If the price-taker firm in Figure 9-16 is currently producing 6 units, then to maximize profit in the short run, it should
A) keep producing 6 units 
B) increase production to 12 units 
C) increase production to 14 units 
D) increase production to 8 units 
E) shut down

Figure 9-16 If the Price-Taker Firm in Figure 9-16 Is Currently Producing