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The following incomplete table attached as an image shows a firm's various costs of producing up to 4 units of output. Suppose that the firm
The following incomplete table attached as an image shows a firm's various costs of producing up to 4 units of output. Suppose that the firm whose cost structure is given in the table above can sell any whole number amount 0, 1, 2, 3, or 4, at a unit price of $30.
What is the quantity that maximizes its profit?
(a) 0
(b) 1
(c) 2
(d) 4
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