Multiple Choice
Use the following to answer questions:
Figure: The Perfectly Competitive Firm
-(Figure: Perfectly Competitive Firm) Look at the figure The Perfectly Competitive Firm. The figure shows a perfectly competitive firm that faces demand curve d and maximizes profit. Given the market price, the firm's total cost per day is:
A) $475.
B) $600.
C) $900.
D) $1,200.
Correct Answer:

Verified
Correct Answer:
Verified
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