9.3 Short-Run Decisions Assume the Following Total Cost Schedule for a Perfectly Competitive

Multiple Choice

9.3 Short-Run Decisions
Assume the following total cost schedule for a perfectly competitive firm.
TABLE 9-2
-Refer to Table 9-2.This profit-maximizing firm would produce no output in the short run if the market price of its output dropped below

A) $35.
B) $40.
C) $70.
D) $90.
E) $100.