Answer the question based on the table below. 
At what point on the table would a purely competitive firm cover all of its costs and earn only normal profits?
A) Q = 5
B) Q = 10
C) Q = 15
D) Q = 20
At Q = 15,total costs are $25 + $50 = $75 and total revenues are 15 * $5 = $75.This gives a profit of 0,which is a normal profit but not an economic profit.
Correct Answer:
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