Refer to the table below, which presents a cost schedule for a perfectly competitive firm. Quantity 10 11 12 13 14 15 16 10000 If the price that the firm charges for its output is $9, how many units will this firm produce? 11 16 14 Total cost ($) 13 25 36 46 0 55 63 70

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Chapter1: Making Economics Decisions
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2
Refer to the table below, which presents a cost schedule for a perfectly competitive firm.
Quantity
10
11
12
13
14
15
16
FI
(
If the price that the firm charges for its output is $9, how many units will this firm produce?
11
2
16
S
14
0
W
F2
X
=
3
20,
E
D
F3
JAN
5
$
4
888
R
F
F4
%
5
30
T
F5
G
^
6
F6
Y
Total cost ($)
13
H
25
36
46
MacBook Air
&
7
55
63
70
A
F7
U
tv NA
*
8
J
➤ll
FB
➤➤
(
9
D
1
F9
O
-0
O
W
F10
K L
Aa
P
4)
zoom
F11
+
{
[
Next
SA
) F12
11
(
M
htm
delete
Transcribed Image Text:2 Refer to the table below, which presents a cost schedule for a perfectly competitive firm. Quantity 10 11 12 13 14 15 16 FI ( If the price that the firm charges for its output is $9, how many units will this firm produce? 11 2 16 S 14 0 W F2 X = 3 20, E D F3 JAN 5 $ 4 888 R F F4 % 5 30 T F5 G ^ 6 F6 Y Total cost ($) 13 H 25 36 46 MacBook Air & 7 55 63 70 A F7 U tv NA * 8 J ➤ll FB ➤➤ ( 9 D 1 F9 O -0 O W F10 K L Aa P 4) zoom F11 + { [ Next SA ) F12 11 ( M htm delete
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