The table below shows cost data for producing different amounts of sofas. Use the given information to answer the questions below Quantity Total Cost Variable Cost Marginal Cost Avenge Variable Cost Average Total Com 0 0 15 30 30 180 2 315 345 495 720 1020 1395 2 10 6 45 15 5 23 16.5 16 17 405 705 9 60 20 11.75 75 1080 25 144 18.6 How many would a competitive firm produce if the market price was $15 If the market price is $15, will firms enter or exit the market? Enter Neither. Long Run Equilibrium Durham Co. operates in a competitive market, and decides which price to charge customers based on the cost of producing the product the profit Durham Co. wants to achieve the market price the price set by the government