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    Microeconomics Study Set 8
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    Exam 8: Firms in Perfectly Competitive Markets
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    Table 81 Table 8
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Table 81 Table 8

Question 229

Question 229

Multiple Choice

Table 8.1 Table 8.1   Table 8.1 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 8.1.If the market price of each camera case is $8, the profit-maximising quantity is A) 300 units B) 400 units C) 500 units D) 600 units Table 8.1 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 8.1.If the market price of each camera case is $8, the profit-maximising quantity is


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

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