The figure above shows some of a firm's cost curves and its marginal revenue curve.
-Based on the figure above,what is the price of a can?
A) $0
B) $8.00 per can
C) $5.10 per can
D) None of the above prices is correct.
E) More information is needed to determine the price of a can.

Question

The figure above shows some of a firm's cost curves and its marginal revenue curve.
-Based on the figure above,what is the price of a can?
A) $0 
B) $8.00 per can 
C) $5.10 per can 
D) None of the above prices is correct. 
E) More information is needed to determine the price of a can.

Quizplus · Accepted Answer

The Answer of  
The figure above shows some of a firm's cost curves and its marginal revenue curve.
-Based on the figure above,what is the price of a can?
A) $0 
B) $8.00 per can 
C) $5.10 per can 
D) None of the above prices is correct. 
E) More information is needed to determine the price of a can.

The Figure Above Shows Some of a Firm's Cost Curves