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Table 12-1 Table 12-1 Shows the Short-Run Cost Data of a Perfectly

Question 91

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Table 12-1
Table 12-1     Table 12-1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases. Assume that output can only be increased in batches of 100 units. -Refer to Table 12-1.If the market price of each camera case is $8, what is the profit-maximizing quantity according to the MR = MC rule? A) 300 units B) 400 units C) 500 units D) 600 units
Table 12-1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases. Assume that output can only be increased in batches of 100 units.
-Refer to Table 12-1.If the market price of each camera case is $8, what is the profit-maximizing quantity according to the MR = MC rule?


A) 300 units
B) 400 units
C) 500 units
D) 600 units

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