In the above table the firm ........

In the above table, the firm

must be in a perfectly competitive industry, because its marginal revenue is constant.

cannot be in a perfectly competitive industry, because its short-run economic profits are greater than zero.

cannot be in a perfectly competitive industry, because its long-run economic profits are greater than zero.

must be in a perfectly competitive industry, because its marginal cost curve eventually rises

must be in a perfectly competitive industry, because its marginal revenue is constant.

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