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The scooter industry is perfectly competitive with a market price of $800. A scooter-producing business faces the following total costs: Units Total Cost 2 $1800

The scooter industry is perfectly competitive with a market price of $800. A scooter-producing business faces the following total costs:

Units Total Cost
2 $1800
3 $2400
4 $3100
5 $3900
6 $4800

To maximize profit, the business should produce

Select one:

A.No scooters. With any number of scooters, the business would make economic losses.

B.2 scooters.

C.3 scooters.

D.5 scooters.

E.6 scooters.

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