The diagram below shows the market demand curve and the cost curves for a single firm. 
FIGURE 12-6
-Refer to Figure 12-6.The firm depicted in the figure is
Definitions:
Subsidiary
A company controlled by another company, often referred to as the parent company, through ownership of more than half of its stock.
U.S. Dollar
The official currency of the United States, commonly used worldwide as a standard of exchange.
Functional Currency
The main currency used by a business or unit within a company for accounting purposes, reflecting the primary economic environment in which it operates.
Pound Sterling
The official currency of the United Kingdom, which is one of the world's oldest currencies still in use.
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