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Table 81 Table 8

Question 108

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 firm's total revenue is A) $2400 B) $3200 C) $4000 D) $4800 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 firm's total revenue is


A) $2400
B) $3200
C) $4000
D) $4800

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