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This Table Shows the Total Costs for Various Levels of Output

Question 53

Multiple Choice

This table shows the total costs for various levels of output for a firm operating in a perfectly competitive market. This table shows the total costs for various levels of output for a firm operating in a perfectly competitive market. According to the table shown,what is the firm's total revenue when 4 units are produced? A) $160 B) $50 C) $200 D) $40 According to the table shown,what is the firm's total revenue when 4 units are produced?


A) $160
B) $50
C) $200
D) $40

Correct Answer:

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