Multiple Choice
Table 7-1
Table 7-1 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 7-1.If the market price of each camera case is $8,what is the firm's total revenue?
A) $2400
B) $3200
C) $4000
D) $4800
Correct Answer:

Verified
Correct Answer:
Verified
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