Table 7-2 The Only Four Producers in a Market Have the Following

Multiple Choice

Table 7-2
The only four producers in a market have the following costs:

-Refer to Table 7-2.If the sellers bid against each other for the right to sell the good to a single consumer,then the good will sell for

A) $30 or slightly more.
B) $40 or slightly less.
C) $55 or slightly less.
D) $65 or slightly less.