7. A competitive rm produces its output according to the production function y = min{m3, 1000}. Let p be the price of output, and let the price of input at be $1. The prot maximizing output for this rm is: (a) 1,000 if p > 1 and 0 otherwise. (b) 10 for all p. (e) 1,000 for all p. (d) 0 if p