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VICIULUIUITICS | Fall 20 15 1 50 MC ATC out of Price and costs (dollars) 40 MR 30 20 10 o 10 20 30 40

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VICIULUIUITICS | Fall 20 15 1 50 MC ATC out of Price and costs (dollars) 40 MR 30 20 10 o 10 20 30 40 Quantity (per day The figure above shows a perfectly competitive firm. When the firm maximizes its profit, its total cost is Select one: a. more than $1,200 b. less than $ 1.200 but more than zero. c. $1,200 d. Zero

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