For a Single Seller, the Figure Below Shows the Relationship

question 145

Multiple Choice

For a single seller, the figure below shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. If the market consists of 50 identical sellers, how much would be supplied in the market at a price of $14 per unit?

• A)350
• B)1,750
• C)17,500
• D)175,000

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