1. if this represents a Perfectly Competitive Industry, the industry would produce how many goods and at what price?
2. if this represents a Pure Monopoly, to maximize profit, this firm would produce how many goods, and at what price?
3. what is the economically efficient quantity?

Question 32 1 pts Demand 14 12 10 MC=ATC 10 20 30 40 50 60 70 rillo.instructure.com/courses/25197/quizzes/132407/take :09 AM Quiz: Final Exam if this represents a Perfectly Competitive Industry, the industry would produce how many goods and at what price? O 30 goods at $10 each O 30 goods at $4 each O 50 goods at $6 each O 50 goods at $2 each O 60 goods at $4 eachQuestion 33 1 pts Demand 14 12 10 8 6 MC=ATC 10 20 30 40 50 60 70 if this represents a Pure Monopoly, to maximize profit, this firm would produce how many goods, and at what price? O 10, $14 O 20, $12 O 20, $14 30, $4 30, $10 rillo.instructure.com/courses/25197/quizzes/132407/takeQuestion 34 1 pts Demand 14 12 10 8 MC=ATC N 10 20 30 40 50 60 70 what is the economically efficient quantity? O 30 O 40 50 60 O 70 Question 35 1 pts Economic efficiency is defined as economic decisions made so that the choices