Table 13-1 Table 13-1 Lists Estimated Revenues and Costs (Per

question 102

Multiple Choice

Table 13-1
Table 13-1 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company.Victoria sells plastic vials to university and private research laboratories.
-Refer to Table 13-1.Based on the data in the table,which of the following statements is true?

• A)The table summarizes Victoria's short-run,rather than long-run,market for plastic vials.
• B)Victoria could be either a monopolistically competitive or a perfectly competitive firm.
• C)Victoria should shut down temporarily.
• D)Victoria should advertise more in order to increase the demand for plastic vials.