Willais anoyster
farmer and the world

oyster

market is perfectly competitive.

The market price is ​$10

a crate

.

Willa

sells 200

crates

a week and her

marginal cost is ​$13

a crate

.

Willa

is​ ______.

A.

not maximizing profit because the world oyster

market is perfectly competitive

B.

not maximizing profit because there is too much competition in the oyster market

C.

not maximizing profit because marginal cost is greater than marginal revenue

D.

maximizing profit if she

is selling the maximum amount of oysters

she

can produce

E.

maximizing profit because marginal cost is greater than marginal revenue

 

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