The above figure shows the cost curves for a competitive firm. If the

The above figure shows the cost curves for a competitive firm. If the profit-maximizing level of output is 40, price is equal to

A) $0.
B) $15.
C) $10.
D) $11.

 

ANSWER

B

 

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00