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    Exam 12: Firms in Perfectly Competitive Markets
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    Table 12-1 Table 12-1 Shows the Short-Run Cost Data of a Perfectly
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Table 12-1 Table 12-1 Shows the Short-Run Cost Data of a Perfectly

Question 231

Question 231

Multiple Choice

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.The firm will not produce in the short run if the output price falls below A) $8. B) $4. C) $3.20. D) $2.80.
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.The firm will not produce in the short run if the output price falls below


A) $8.
B) $4.
C) $3.20.
D) $2.80.

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