Multiple Choice
Table 17-10
The table shows the demand schedule for a particular product.
-Refer to Table 17-10. If this market is perfectly competitive and the marginal cost is constant at $40 per unit, then how much output will be produced?
A) 900
B) 1,200
C) 1,500
D) 1,800
Correct Answer:

Verified
Correct Answer:
Verified
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