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Output AFC AVC ATC MC $300 $100 $400 $100 150 75 225 50 100 70 170 60 75 73 148 80 60 80 140 110

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Output AFC AVC ATC MC $300 $100 $400 $100 150 75 225 50 100 70 170 60 75 73 148 80 60 80 140 110 COCO NO UA W N - 50 90 140 140 43 103 146 180 38 119 156 230 33 138 171 290 10 30 160 190 360 Based on the data, a purely competitive firm produce amount of output when the market price is equal to $50. O 2 units O 4 units O O units 3 units

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