Multiple Choice
Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales. If the firm increases its output to 200 units, total revenue will be
A) $2,000.
B) $2,400.
C) $4,200.
D) We do not have enough information to answer the question.
Correct Answer:
Verified
Correct Answer:
Verified
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