Table 8.1 Table 8.1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases.Assume that output can only be increased in batches of 100 units.
-Refer to Table 8.1.The firm will not produce in the short run if the output price falls below
A)$8.
B)$4.
C)$3.20.
D)$2.80.

Question

Table 8.1  Table 8.1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases.Assume that output can only be increased in batches of 100 units.
-Refer to Table 8.1.The firm will not produce in the short run if the output price falls below
A)$8. 
B)$4. 
C)$3.20. 
D)$2.80.

Quizplus · Accepted Answer

The Answer of Table 8.1  Table 8.1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases.Assume that output can only be increased in batches of 100 units.
-Refer to Table 8.1.The firm will not produce in the short run if the output price falls below
A)$8. 
B)$4. 
C)$3.20. 
D)$2.80.

Table 81 Table 8