Question: Refer to Table 1 2 . 2 . 1 , which gives the total revenue schedule and total cost schedule of a perfectly competitive firm.

Refer to Table 12.2.1, which gives the total revenue schedule and total cost schedule of a perfectly competitive firm. Economic profit is maximized when the firm produces q, units of output.
Table 12.2.1
\table[[\table[[Output],[(units)]],\table[[Total Revenue Total Cost],[(dollars)]],\table[[(dollars)],[0]]],[0,0,25],[1,30,49],[2,60,69],[3,90,86],[4,120,100],[5,150,116],[6,180,136],[7,210,176]]
a.3
b.5
c. zero
d.6
e.7
Refer to Table 1 2 . 2 . 1 , which gives the

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