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Figure 13-9

Question 319

Multiple Choice

Figure 13-9
In the figure below,panel (a) depicts the linear marginal cost of a firm in a competitive market,and panel (b) depicts the linear market supply curve for a market with a fixed number of identical firms. Figure 13-9 In the figure below,panel (a) depicts the linear marginal cost of a firm in a competitive market,and panel (b) depicts the linear market supply curve for a market with a fixed number of identical firms. -Refer to Figure 13-9.If there are 600 identical firms in this market,what is the value of Q1? A) 6,000 B) 12,000 C) 60,000 D) 120,000 Figure 13-9 In the figure below,panel (a) depicts the linear marginal cost of a firm in a competitive market,and panel (b) depicts the linear market supply curve for a market with a fixed number of identical firms. -Refer to Figure 13-9.If there are 600 identical firms in this market,what is the value of Q1? A) 6,000 B) 12,000 C) 60,000 D) 120,000
-Refer to Figure 13-9.If there are 600 identical firms in this market,what is the value of Q1?


A) 6,000
B) 12,000
C) 60,000
D) 120,000

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