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Question 35 1 pts Table: Cost of Sprocket Manufacturing Quantity Variable Cost Total Cost 0 0 40 1 40 80 2 80 120 3 110
Question 35 1 pts Table: Cost of Sprocket Manufacturing Quantity Variable Cost Total Cost 0 0 40 1 40 80 2 80 120 3 110 150 4 200 5 230 270 6 305 345 (Table: Total Cost of Sprocket Manufacturing) Look at the table Total Cost Data. The table shows cost data for a sprocket rm operating in the short run. If the market for sprockets is perfectly competitive, the rm wants to maximize prot, and the price in the market is $45 how many sprockets should the rm produce? 0 3 sprockets O 0 sprockets O 4 sprockets Q 6 sprockets
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