Table 8.4 Table 8.4 shows the short-run cost data of a perfectly competitive firm.Assume that output can only be increased in batches of 20 units.
-Refer to Table 8.4.If the market price is $45, how many units will the firm produce?
A)60 units.
B)80 units.
C)100 units
D)120 units

Question

Table 8.4  Table 8.4 shows the short-run cost data of a perfectly competitive firm.Assume that output can only be increased in batches of 20 units.
-Refer to Table 8.4.If the market price is $45, how many units will the firm produce?
A)60 units. 
B)80 units. 
C)100 units 
D)120 units

Quizplus · Accepted Answer

The Answer of Table 8.4  Table 8.4 shows the short-run cost data of a perfectly competitive firm.Assume that output can only be increased in batches of 20 units.
-Refer to Table 8.4.If the market price is $45, how many units will the firm produce?
A)60 units. 
B)80 units. 
C)100 units 
D)120 units

Table 84 Table 8