Table 9-1 Table 9-1 Shows the Short-Run Cost Data of a Perfectly

question 146

Multiple Choice

Table 9-1
$$\begin{array} { | c | c | c | } \hline \text { Quantity } & \begin{array} { c } \text { Total Cost } \\\text { (dollars) }\end{array} & \begin{array} { c } \text { Variable Cost } \\\text { (dollars) }\end{array} \\\hline 0 & \$ 1,000 & \$ 0 \\\hline 100 & 1,360 & 360 \\\hline 200 & 1,560 & 560 \\\hline 300 & 1,960 & 960 \\\hline 400 & 2,760 & 1,760 \\\hline 500 & 4,000 & 3,000 \\\hline 600 & 5,800 & 4,800 \\\hline\end{array}$$
Table 9-1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases. Assume that output can only be increased in batches of 100 units.
-Refer to Table 9-1.If the market price of each camera case is $8,what is the firm's total revenue?

• A)$2,400
• B)$3,200
• C)$4000
• D)$4,800

---

Definitions:

Reliability

The degree to which an assessment tool produces stable and consistent results.

Test Construction

The process of developing a test that accurately measures what it is intended to measure, including the creation of test items and validation of the test.

Schizophrenia Symptoms

Manifestations of schizophrenia, which may include delusions, hallucinations, disorganized speech, and impaired cognitive function.

Zero-tolerance Programs

Policies that mandate predetermined consequences or punishments for specific offenses, often used in schools and workplaces to deter undesirable behaviors.