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Figure 14-4

Question 204

Multiple Choice

Figure 14-4
In the following figure, graph (a) depicts the linear marginal cost (MC) of a firm in a competitive market, and graph (b) depicts the linear market supply curve for a market with a fixed number of identical firms.
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Figure 14-4 In the following figure, graph (a) depicts the linear marginal cost (MC) of a firm in a competitive market, and graph (b) depicts the linear market supply curve for a market with a fixed number of identical firms. ​ -Refer to Figure 14-4. If there are 100 identical firms in this market, what is the value of Q<sub>2</sub>? A) 10,000 B) 20,000 C) 40,000 D) 80,000
-Refer to Figure 14-4. If there are 100 identical firms in this market, what is the value of Q2?


A) 10,000
B) 20,000
C) 40,000
D) 80,000

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