A perfectly competitive firm is producing 32 units of output and selling at the market price...
A perfectly competitive firm is producing 32 units of output and selling at the market price of $25. The firm's average total cost is $15. What is the firm's total cost?
| $320 |
| $480 |
| $800 |
| $425 |
| $375 |
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A perfectly competitive firm is producing 32 units of output and
selling at the market price...
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