In the Short Run for a Particular Market, There Are

Multiple Choice

In the short run for a particular market, there are 5,000 firms. Each firm has a marginal cost of $7 when it produces 200 units of output. One point on the market supply curve is

A) quantity = 5,000; price = $7.
B) quantity = 35,000 price = $35,000.
C) quantity = 1,000,000, price = $7.
D) quantity = 1,000,000, price = $35,000.