Table 17-9 Only Two Firms, Acme and Pinnacle, Sell a Particular Product

question 376

Multiple Choice

Table 17-9
Only two firms, Acme and Pinnacle, sell a particular product. The table below shows the demand curve for their product. Each firm has the same constant marginal cost of $10 and zero fixed cost.

-Refer to Table 17-9.If this market were perfectly competitive instead of oligopolistic,what quantity would be produced?

• A) 1400
• B) 1300
• C) 1200
• D) 1100

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Definitions:

Heterosexual Matrix

A concept suggesting that gender identity and sexual orientation are not independent, and that societal norms enforce heterosexuality as natural.

Compulsory Heterosexuality

The societal expectation that heterosexuality is the normative and enforced sexual orientation.

Homosexual Melancholy

The profound sadness or depression that a homosexual individual may experience due to societal rejection or oppression.

Heterosexual Matrix

A concept coined by Judith Butler regarding the socio-cultural interplay of norms that enforce gender binary, sex as biologically fixed, and heterosexuality as natural.