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Table 7-1 Table 7-1 Shows the Short-Run Cost Data of Data

Question 154

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Table 7-1
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 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

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