Quantity Total Revenue Total Cost

2 $200 $180

3 270 195

4 320 205

5 350 210

6 360 220

7 350 250

A profit-maximizing monopolistic competitive firm that produces at the level of output where MR = MC will set the price at

What letter is correct?

a) $60 per unit.

b) $100 per unit.

c) $90 per unit.

d) $60 per unit.