Total Product Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 1 $ 100 00 $ 1 7 00 $ 117 00 $ 17 2 50 00 16 00 66 00 15 3 33 33 15 00 48 33 13 4 25 00 14 25 39 25 12 5 20 00 14 00 34 00 13 6 16 67 14 00 30 67 14 7 14 29 15 71 30 00 26 8 12 50 17 50 30 00 30 9 11 11 19 44 30 55 35 10 10 00 21 60 31 60 41 11 9 09 24 00 33 09 48 12 8 33 26 67 35 00 56 The accompanying table gives cost data for a firm that is selling in a purely competitive market If the market price for the firm's product is $42, the competitive firm should produce

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Question: Total Product Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 1 $ 100.00 $ 1 7.00 $ 117.00 $ 17 2 50.00

Total Product	Average Fixed Cost	Average Variable Cost	Average Total Cost	Marginal Cost
1	$ 100.00	$ 1 7.00	$ 117.00	$ 17
2	50.00	16.00	66.00	15
3	33.33	15.00	48.33	13
4	25.00	14.25	39.25	12
5	20.00	14.00	34.00	13
6	16.67	14.00	30.67	14
7	14.29	15.71	30.00	26
8	12.50	17.50	30.00	30
9	11.11	19.44	30.55	35
10	10.00	21.60	31.60	41
11	9.09	24.00	33.09	48
12	8.33	26.67	35.00	56

The accompanying table gives cost data for a firm that is selling in a purely competitive market. If the market price for the firm's product is $42, the competitive firm should produce

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