The table above shows cost data for a firm that is selling in a purely competitive market. Refer to… Show more The table above shows cost data for a firm that is selling in a purely competitive market. Refer to the above table. If the market price for the firm’s product is $50, the competitive firm will: A. Produce 1 unit B. Produce 2 units C. Produce 3 units D. Shut down • Show less