Multiple Choice
-The table above shows output and costs of Evan's Subs, a typical perfectly competitive firm in a local market for sandwiches. Evan's fixed cost is $9 per hour. The current market price of a sandwich is $6. If Evan's sells the 5th sandwich, the marginal cost is ________ the marginal revenue, so the firm's profit ________.
A) greater than; decreases
B) greater than; increases
C) less than; increases
D) less than; decreases
Correct Answer:

Verified
Correct Answer:
Verified
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