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Use the Figure Below to Answer the Following Question

Question 63

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Use the figure below to answer the following question.
Use the figure below to answer the following question.     Figure 12.3.4 -Refer to Figure 12.3.4, which shows cost curves of Paul's Picture Frames Inc. The picture frame market is perfectly competitive and the market price is $12 a frame. Paul produces ________ frames each week and makes ________ total revenue. A) 20; $240 B) 20; $96 C) zero; zero D) 30; $360 E) 30; zero
Figure 12.3.4
-Refer to Figure 12.3.4, which shows cost curves of Paul's Picture Frames Inc. The picture frame market is perfectly competitive and the market price is $12 a frame. Paul produces ________ frames each week and makes ________ total revenue.


A) 20; $240
B) 20; $96
C) zero; zero
D) 30; $360
E) 30; zero

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