In the short run, a market consists of 100 identical firms. The market price is $6, and the total cost to each firm of producing various levels of output is given in the table below. What will total quantity supplied be in the market? 
A) 100 units
B) 200 units
C) 300 units
D) 400 units
Correct Answer:
Verified
Q81: Table 14-15-a Q84: Table 14-15 Q105: The assumption of a fixed number of Q106: The entry of new firms into a Q108: When existing firms in a competitive market Q109: The exit of existing firms from a Q118: Suppose a competitive market is comprised of Q364: In the short run, there are 500 Q367: In the short run for a particular Q370: In the short run, there are 500
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