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    Microeconomics Study Set 25
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    Exam 12: Perfect Competition and the Supply Curve
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    If a Perfectly Competitive Firm Increases Production from 10 Units
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If a Perfectly Competitive Firm Increases Production from 10 Units

Question 140

Question 140

Multiple Choice

If a perfectly competitive firm increases production from 10 units to 11 units and the market price is $20 per unit,total revenue for 11 units is:


A) $10.
B) $20.
C) $200.
D) $220.

Correct Answer:

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