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drdoombot drdoombot
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A year ago
Suppose XYZ Corp. is producing and selling disposable wooden chopsticks in a perfectly competitive market. The market price is $0.05 per unit and the firm is currently producing 600 000 units per month. What is the firm's average revenue?

▸ $0.10

▸ $3000

▸ $30 000

▸ $0.01

▸ $0.05
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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nilabmirzadanilabmirzada
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A year ago
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drdoombot Author
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A year ago
Thank you, thank you, thank you!
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Smart ... Thanks!
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2 hours ago
Brilliant
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