How many units would profit-maximizing firm produce


How about if we try an EXAMPLE of MR=MC for a perfectly competitive firm?

Answer the next question on the basis of the following information for a purely competitive firm:

Output------------Price------------Total Cost

----0--------------$100---------------$100
----1--------------$100---------------$260
----2--------------$100---------------$290
----3--------------$100---------------$350
----4--------------$100---------------$480
----5--------------$100---------------$700

How many units would the above profit-maximizing firm produce?

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Microeconomics: How many units would profit-maximizing firm produce
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