The total revenue of a purely competitive firm from selling 6 units of output is $48. Based on this information, the unit price of the output must be Multiple Choice   $8.   $42.   $288.   $54.

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter22: Perfect Competition
Section: Chapter Questions
Problem 10QP
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The total revenue of a purely competitive firm from selling 6 units of output is $48. Based on this information, the unit price of the output must be

Multiple Choice
  •  
    $8.
  •  
    $42.
  •  
    $288.
  •  
    $54.
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