Solved

-The Table Above Shows Output and Costs of Evan's Subs

Question 200

Multiple Choice

  -The table above shows output and costs of Evan's Subs, a typical perfectly competitive firm in a local market for sandwiches. Evan's fixed cost is $9 per hour. The current market price of a sandwich is $6. What is Evan's shut-down price? A)  $6 per sandwich B)  $4 per sandwich C)  $3 per sandwich D)  $5 per sandwich
-The table above shows output and costs of Evan's Subs, a typical perfectly competitive firm in a local market for sandwiches. Evan's fixed cost is $9 per hour. The current market price of a sandwich is $6. What is Evan's shut-down price?


A) $6 per sandwich
B) $4 per sandwich
C) $3 per sandwich
D) $5 per sandwich

Correct Answer:

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