In a Particular Market,there Are 500 Firms

question 199

Multiple Choice

In a particular market,there are 500 firms.Each firm has a marginal cost of $40 when it produces 200 units of output.What is one point on the market supply curve

• A)(Quantity = 500, Price = $40)
• B)(Quantity = 500, Price = $20,000)
• C)(Quantity = 100,000, Price = $40)
• D)(Quantity = 100,000, Price = $20,000)

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Definitions:

Workplace Relationships

Interpersonal connections that are formed between colleagues in a professional setting.

Personal Relationships

Connections or associations formed between individuals based on emotional bonds, social commitments, or mutual benefits.

Alternative Self

An understanding of the self, based on what could have been if something in the past had happened differently.

Long-term Research

A detailed investigation or study conducted over an extended period, often aiming to acquire in-depth knowledge or solutions.