submit the answer and then watch the video feedback. A cranberry farmer operates in a competitive market with a price of $30 per barrel of cranberries. When the farmer produces 110 barrels, the marginal cost is $28. To maximize profit the farmer should _________. a. increase the quantity of cranberries produced. b. continue producing the same amount of cranberries. c. decrease the quantity of cranberries produced. d. raise the price of cranberries