Refer to the Graph Shown

question 17

Multiple Choice

Refer to the graph shown. If the seller expects a price of $52, the minimum amount the firm must produce to be profitable is:

• A) 15.
• B) 16.
• C) 17.
• D) 18.

---

Definitions:

Poland

A country located in Central Europe, known for its rich history, cultural heritage, and significant contributions to the arts, science, and politics.

Bastiat's "Petition

Refers to Frédéric Bastiat's satirical petition in "Economic Sophisms," illustrating the absurdity of protectionism and trade barriers.

Protectionism

Economic policies and measures taken by a government to protect its domestic industries from foreign competition by imposing tariffs, quotas, or regulations.