Graph A shows the market demand and supply in a perfectly competitive market. Graph B shows the cost curves of a representative profit-maximizing firm in that industry. 80 100 120 Quantity per period Quantity per period On thousands) Refer to the above graph to answer this question. If the market is in equilibrium, what quantity will the firm produce? Select one: O a. 70 O b. 50 O c. 30 O d. 100 O e. 90

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