Multiple Choice
Use the following to answer questions:
Figure: The Perfectly Competitive Firm
-(Figure: Perfectly Competitive Firm) Look at the figure The Perfectly Competitive Firm. The figure shows a perfectly competitive firm that faces demand curve d and maximizes profit. If the market price is $3, the firm will produce _____ units of output per day.
A) 100
B) 250
C) 300
D) 400
Correct Answer:

Verified
Correct Answer:
Verified
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