If a perfectly competitive firm sells its product at the market price of $14 per unit, _____.

Group of answer choices

its marginal revenue is less than $14 per unit and its average revenue is also less than $14 per unit

its average revenue is $14 and its marginal revenue is also $14

its marginal revenue is $14 and its average revenue is less than $14 per unit

its average and marginal revenue are $14 only for the first unit sold

its average revenue is $14 and its marginal revenue is less than $14 per unit