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    Microeconomics Study Set 44
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    Exam 12: Perfect Competition and the Supply Curve
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    If a Perfectly Competitive Firm Decreases Production from 11 Units
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If a Perfectly Competitive Firm Decreases Production from 11 Units

Question 114

Question 114

Multiple Choice

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


A) $10.
B) $20.
C) $200.
D) $210.

Correct Answer:

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