In a perfectly competitive industry, the price of good A is $2. If a firm in this inudustry decides to increase its price to $2.50, it will:
a. experience a decrease in profits of $.50 per unit.
b. lose some of its customers in the market.
c. realize an increase in profits of $.50 per unit.
d. be unable to sell any quantity of good A that is produced.
e. be able to increase the quantity sold.