Table 7-11 The Following Table Represents the Costs of Five Possible Sellers

question 338

Multiple Choice

Table 7-11
The following table represents the costs of five possible sellers.

-Refer to Table 7-11. Suppose each of the five sellers can supply at most one unit of the good. The market quantity supplied is exactly 2 if the price is

• A) $1,700.
• B) $1,100.
• C) $1,650.
• D) $1,050.

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