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Table 84 Table 8

Question 42

Multiple Choice

Table 8.4 Table 8.4 Table 8.4 shows the short-run cost data of a perfectly competitive firm.Assume that output can only be increased in batches of 20 units. -Refer to Table 8.4.If the market price is $45, how many units will the firm produce? A) 60 units. B) 80 units. C) 100 units D) 120 units Table 8.4 shows the short-run cost data of a perfectly competitive firm.Assume that output can only be increased in batches of 20 units.
-Refer to Table 8.4.If the market price is $45, how many units will the firm produce?


A) 60 units.
B) 80 units.
C) 100 units
D) 120 units

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