If a firm in a perfectly competitive market faces a market price of $8, and it decides to increase its production from 300 units to 550 units, the firm's total revenue will:
A. increase from $2,400 to $4,400.
B. decrease from $4,400 to $2,400.
C. stay the same at $8.
D. likely rise, but it cannot be determined by how much.
A. increase from $2,400 to $4,400.
Economics
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