ab JS 22. (Figure: The Perfectly Competitive Firm) Use Figure: The Perfectly Competitive Firm. The figure...

 

Transcribed Image Text:

ab JS 22. (Figure: The Perfectly Competitive Firm) Use Figure: The Perfectly Competitive Firm. The figure shows a perfectly competitive firm that faces demand curve d and maximizes profit. Given a market price of $3, the firm's total cost per day is: 5 Price (per unit) $9.00 2.00 1.90 1.00 MC ATC d D 100 250 300 400 Output (per pday) ab JS 22. (Figure: The Perfectly Competitive Firm) Use Figure: The Perfectly Competitive Firm. The figure shows a perfectly competitive firm that faces demand curve d and maximizes profit. Given a market price of $3, the firm's total cost per day is: 5 Price (per unit) $9.00 2.00 1.90 1.00 MC ATC d D 100 250 300 400 Output (per pday)