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ATE M& T e 40. Refer to the above figure. What is the amount of total cost? a. 528.98 b. 520.98 C. $35.98 d. 5414

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ATE M& T e 40. Refer to the above figure. What is the amount of total cost? a. 528.98 b. 520.98 C. $35.98 d. 5414 41. In the long-run equilibrium of a competitive market, the number of firms in the market adjusts s0 that all of the market demand is satisfied. At what price would this happen? at the minimum value of the marginal cost at the maximum value of marginal cost at the minimum value of average total cost = T at the minimum value of average variahle cost ; QMH; 42. Refer to the above figure. What line segment best reflects the short-run supply curve for this | firm? a. BC b. C D D C. CE d. DE

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