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Nole produces and sells tennis balls in a perfectly competitive tennis ball market.He is currently producing 250 tennis balls per day and his daily profit

Nole produces and sells tennis balls in a perfectly competitive tennis ball market.He is currently producing 250 tennis balls per day and his daily profit is $500.At this level of production his marginal costs are rising and are equal to $5.The current market price of a tennis ball is $3.

If Nole were to increase his output by 1 tennis ball

Group of answer choices

A.his profit would decrease by $5.

B.his profit would be equal to $503.

C.his profit would increase by $2.

D.his profit would be equal to $500.

E.his profit would be equal to $498.

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