Use the Figure Below, Which Shows the Linear Demand and Constant

question 14

Multiple Choice

Use the figure below, which shows the linear demand and constant cost conditions facing a firm with a high barrier to entry, to answer Questions .
-The firm will earn economic profit of $______.

• A) $500,000
• B) $750,000
• C) $1,000,000
• D) $1,250,000

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