Refer to the Following Figure to Answer the Following Questions

question 137

Multiple Choice

Refer to the following figure to answer the following questions.

-Firm 1 and firm 2 are the sole producers in the industry.At price P1,the industry's total quantity supplied is

• A) Q₁ + Q₂ + Q₃ +Q₄.
• B) Q₁ + Q₃.
• C) Q₂ + Q₄.
• D) Q₁ - Q₄.
• E) Q₄ - Q₁.

---

Definitions:

Free Cash Flow

The amount of cash generated by a company after accounting for operational expenses and capital expenditures, indicating the company's ability to generate surplus cash.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment, aimed at improving future operations.

Income Taxes

Taxes levied by governments on individuals or entities based on their income or profits.

Operating Activities

Transactions related to the core business functions of a company, such as sales and purchase of goods and services.