In a particular market,there are 500 firms.Each firm has a marginal cost of $30 when it produces 200 units of output.One point on the market supply curve is
A) Quantity = 200, Price = $30
B) Quantity = 500, Price = $30
C) Quantity = 100,000, Price = $30
D) Quantity = 100,000, Price = $15,000
Correct Answer:
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