Multiple Choice
Refer to the figure below. If the market for doughnuts is perfectly competitive, and the price of a doughnut is 25 cents, then this firm should: 
A) shut down.
B) produce 90 doughnuts.
C) produce 80 doughnuts.
D) produce 50 doughnuts.
Correct Answer:
Verified
Correct Answer:
Verified
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