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 different levels of the output.Table 11.2

-The firm described in Table 11.2:

A) cannot be a monopoly.
B) must be a perfectly competitive firm.
C) cannot be a perfectly competitive firm.
D) cannot be a monopolistically competitive firm.
E) must be a duopolist.