The Table Given Below Shows the Price Charged by a Firm

Multiple Choice

The table given below shows the price charged by a firm and the marginal cost incurred by it for the different levels of the output. Table 10.2

-The firm described in Table 10.2:

A) must be a monopoly firm.
B) must be a perfectly competitive firm.
C) cannot be a perfectly competitive firm.
D) has no market power.
E) cannot be a monopoly.