Limited access

Upgrade to access all content for this subject

Based on the above graphs, what would the equilibrium wage and quantity be for the firm if the perfectly competitive market includes 25 identical firms?

A

\$25 and 1000

B

\$1 and 1000

C

\$1 and 40

D

\$25 and 40

E

It cannot be determined from the information given.

Select an assignment template