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Question
| Output | Total Costs |
| 100 | $400 |
| 101 | 402 |
| 102 | 405 |
| 103 | 409 |
| 104 | 414 |
| 105 | 420 |
| 106 | 427 |
| 107 | 435 |
Refer to the above table. If the price is $3, the perfectly competitive firm should produce
A) 102 units.
B) 105 units.
C) 103 units.
D) 104 units.
Answer
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