Figure 14-9
In the figure below, panel (a) depicts the linear marginal cost of a firm in a competitive market, and panel (b) depicts the linear market supply curve for a market with a fixed number of identical firms. 
-Refer to Figure 14-9. If there are 400 identical firms in this market, what level of output will be supplied to the market when price is $2.00?
Definitions:
Synapses
Junctions where neurons communicate with each other through neurotransmitters.
Proliferate
To increase rapidly in numbers; multiply.
Infancy
The period in a human's life from birth to the age of two, characterized by rapid growth and development.
Adulthood
A developmental stage characterized by full physical growth, maturity, and the assumption of adult roles and responsibilities.
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