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Refer to the Above Graph

Question 96

Multiple Choice

Refer to the above graph.It shows the cost curves for a competitive firm.If the market price falls to $0.55,the optimal output rate is: A) 0. B) 15. C) 20. D) more than 20,but less than 35. Refer to the above graph.It shows the cost curves for a competitive firm.If the market price falls to $0.55,the optimal output rate is:


A) 0.
B) 15.
C) 20.
D) more than 20,but less than 35.

Correct Answer:

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