The table gives data for a purely competitive firm. When the firm produces 3 units of output, it makes an economic
A)profit of $40.
B)loss of $3.
C)profit of $3.
D)loss of $39.

Question

The table gives data for a purely competitive firm. When the firm produces 3 units of output, it makes an economic
A)profit of $40. 
B)loss of $3. 
C)profit of $3. 
D)loss of $39.

Quizplus · Accepted Answer

The Answer of  The table gives data for a purely competitive firm. When the firm produces 3 units of output, it makes an economic
A)profit of $40. 
B)loss of $3. 
C)profit of $3. 
D)loss of $39.

The Table Gives Data for a Purely Competitive Firm