Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
-(Table: Short-Run Supply Curve) Look at the table Short-Run Supply Curve. The table lists three supply points for a perfectly competitive firm operating in the short run. If the industry is composed of 120 identical firms, a price of _____ and a quantity of _____ will be a point on the short-run industry supply curve.

A) $5; 1,650
B) $1,200; 40
C) $960; 3,840
D) $10; 4,800