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21 May 2018
Use the table below to answer the following questions. Table 4 Output Total Revenue Total Cost (units) (dollars) (dollars) 49 90 100 120 150 180 210 114 128 170 38) Refer to Table 4, which gives the total revenue schedule and total cost schedule of a perfectly competitive firm. The short-run equilibrium price of one unit of the good is A) $3. B) $30. C) $15. D) $25. E) $10.
Use the table below to answer the following questions. Table 4 Output Total Revenue Total Cost (units) (dollars) (dollars) 49 90 100 120 150 180 210 114 128 170 38) Refer to Table 4, which gives the total revenue schedule and total cost schedule of a perfectly competitive firm. The short-run equilibrium price of one unit of the good is A) $3. B) $30. C) $15. D) $25. E) $10.
Nestor RutherfordLv2
21 May 2018
