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3. Comparing the revenue and cost of the firm (ID: 041.14MANK09) Table 14-6 Suppose that a rm in a competitive market faces the following revenues

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3. Comparing the revenue and cost of the firm (ID: 041.14MANK09) Table 14-6 Suppose that a rm in a competitive market faces the following revenues and costs: Quantity Total Revenue Total Cost (Units) (Dollars) (Dollars) O 0 3 1 6 5 2 12 8 3 18 12 4 24 17 5 30 23 6 36 3O 7 42 38 Refer to Table 14-6. The firm should not produce an output level beyond 0a. 4 units. Ob. 7 units. 0c. 5 units. Cd. 6 units

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