Essay
Figure: The Perfectly Competitive Firm
(Figure: Perfectly Competitive Firm) Look at the figure The Perfectly Competitive Firm.The figure shows a perfectly competitive firm that faces demand curve d, has the cost curves shown, and maximizes profit.Given the market price, the firm's total revenue per day is:
A.$475.
B.$600.
C.$900.
D.$1,200.
Correct Answer:
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