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Answer the Question on the Basis of the Information Given

Question 66

Multiple Choice

Answer the question on the basis of the information given in the following table: Employment0123456TotalProduct0122230364042 Product  Price $3333333\begin{array}{c}\begin{array}{c}\\Employment\\\hline0\\1 \\2 \\3 \\4 \\5 \\6\end{array}\begin{array}{c}Total\\Product\\\hline0\\12\\22\\30\\36\\40\\42\\\end{array}\begin{array}{c}\text { Product }\\\text { Price } \\\hline \$ 3 \\3 \\3 \\3 \\3 \\3 \\3\end{array}\end{array} Refer to the given data.This firm is:


A) selling its product in a purely competitive market.
B) selling its product in an imperfectly competitive market.
C) hiring workers in a purely competitive market.
D) hiring workers in an imperfectly competitive market.

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