Question: table [ [ table [ [ Quantity ] , [ Demanded ] ] , Price, table [ [ Quantity ] , [

\table[[\table[[Quantity],[Demanded]],Price,\table[[Quantity],[Supplied]]],[300,000,$10,500,000],[400,000,9,400,000],[500,000,8,300,000],[600,000,7,200,000],[700,000,6,100,000]]
The accompanying table applies to a purely competitive industry composed of 100 identical firms. For each of the 100 firms in this industry, marginal revenue and total revenue will be
Multiple Choice
$10 and $39,980, respectively.
$10 and $267, respectively.
$9 and $60,060, respectively.
 \table[[\table[[Quantity],[Demanded]],Price,\table[[Quantity],[Supplied]]],[300,000,$10,500,000],[400,000,9,400,000],[500,000,8,300,000],[600,000,7,200,000],[700,000,6,100,000]] The accompanying table applies to a purely competitive industry composed

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