Table 16-5 This Table Shows the Demand Schedule, Marginal Cost, and Average

question 175

Multiple Choice

Table 16-5
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm.
-Refer to Table 16-5. What is this firm's total cost at the profit-maximizing quantity?

• A)$12
• B)$18
• C)$32
• D)$36