24-if a perfectly competitive firm sells 250 unit of output at market price of 55Jd per unit, its merginal revenue is: A- Less than 55Jd B- 55Jd C- 60JD D- More than 55Jd and less than 13,750JD 25- the profit maximization is occured when: A- None of the above B- AFC=0 C- MC=AVC D- TR-TC>0 L ALE

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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please sir solve these two questions 

24-if a perfectly competitive firm sells 250 unit of output at market price of 55Jd per unit, its merginal
revenue is:
A- Less than 55Jd
B- 55Jd
C- 60JD
D- More than 55Jd and less than 13,750JD
25-the profit maximization is occured when:
A- None of the above
B- AFC=0
C- MC=AVC
D- TR-TC>0
4/5
Transcribed Image Text:24-if a perfectly competitive firm sells 250 unit of output at market price of 55Jd per unit, its merginal revenue is: A- Less than 55Jd B- 55Jd C- 60JD D- More than 55Jd and less than 13,750JD 25-the profit maximization is occured when: A- None of the above B- AFC=0 C- MC=AVC D- TR-TC>0 4/5
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