Question: please answer ASAP Question 26 2.5 points Save Answer A firm In a perfectly competitive market has an average total cost of $30 for the

please answer ASAP

please answer ASAP Question 26 2.5 points Save Answer A firm In

Question 26 2.5 points Save Answer A firm In a perfectly competitive market has an average total cost of $30 for the 100th good it sells. Its fixed costs are $100. The average total cost of the 101th good Is $31. If the market price is $40 this firm should sell 101 because price is greater than average total costs. sell only 100 goods because the marginal cost of the 101th exceeds marginal revenue. sell 101 goods because it adds to profits. sell 101 goods because its fixed costs are so low

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