A Purely Competitive Firm Currently Producing 30 Units of Output

question 186

Multiple Choice

A purely competitive firm currently producing 30 units of output earns marginal revenues of $12 from each extra unit of output it sells. If it sells 30 units, then its total revenues would be

• A)$360.
• B)$240.
• C)$120.
• D)indeterminate based on the information given.

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Definitions:

High Quality Message

Pertains to communication or information that is clear, accurate, and effectively conveys the intended content or sentiment to the recipient.

Channel And Media

Various methods or platforms through which communication and information are transmitted and distributed.

Attractive Appearance

The aspect of something being visually appealing or pleasing in its physical look or design.

Professional Appearance

The way an individual is expected to dress and present themselves in a work environment, often conforming to standards of the profession.