Multiple Choice
Table 7-10
The following table represents the costs of five possible sellers.
-Refer to Table 7-10. Suppose each of the five sellers can supply at most one unit of the good. The market quantity supplied is exactly 2 if the price is
A) $1,700.
B) $1,100.
C) $1,650.
D) $1,050.
Correct Answer:
Verified
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