Consider a competitive market with 50 identical firms.Suppose the market demand is given by the equation QD = 200 - 10P and the market supply is given by the equation QS = 10P.In addition,suppose the following table shows the marginal cost of production for various levels of output for firms in this market. 
How many units should a firm in this market produce to maximize profit?
A) 1 unit
B) 2 units
C) 3 units
D) 4 units
Correct Answer:
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