Multiple Choice
Use the following to answer question:
-(Figure: Game-Day Shirts) Use Figure: Game-Day Shirts.Rick is one of 10 vendors who sell game-day T-shirts at football games in a perfectly competitive market.His costs are identical to the costs of the other 9 vendors.When the industry is in long-run equilibrium,the price of each shirt will be _____,and the total quantity supplied in the market will be _____.
A) $6;0
B) $9;200
C) $11;220
D) $14;240
Correct Answer:

Verified
Correct Answer:
Verified
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