Table 13-9 Suppose That a Firm in a Competitive Market Faces the Faces

Table 13-9
Suppose that a firm in a competitive market faces the following revenues and costs:

-Refer to Table 13-9.If the firm's marginal cost is $11,it should

A) increase production to maximize profit.
B) increase the price of the product to maximize profit.
C) advertise to attract additional buyers to maximize profit.
D) reduce production to increase profit.