Refer to the data provided in Table 9.2 below to answer the question(s) that follow.
Table 9.2
Refer to Table 9.2. At a market price of $28, if the firm produces where MR = MC, then it would produce ________ units of output and earn an economic profit of ________.
A. either 4 or 5; $0
B. 4; $0
C. 5; $0
D. 0; -$50
Answer: C
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