The accompanying table gives cost data for a firm that is selling in a purely competitive market. If there were 1,000 identical firms in this industry and total, or market, demand is as shown in the second table, equilibrium price will be
A)$32.
B)$42.
C)$36.
D)$20.

Question

The accompanying table gives cost data for a firm that is selling in a purely competitive market. If there were 1,000 identical firms in this industry and total, or market, demand is as shown in the second table, equilibrium price will be 
A)$32. 
B)$42. 
C)$36. 
D)$20.

Quizplus · Accepted Answer

The Answer of  The accompanying table gives cost data for a firm that is selling in a purely competitive market. If there were 1,000 identical firms in this industry and total, or market, demand is as shown in the second table, equilibrium price will be 
A)$32. 
B)$42. 
C)$36. 
D)$20.

The Accompanying Table Gives Cost Data for a Firm That