Use the Following to Answer Questions

question 161

Multiple Choice

Use the following to answer questions:
Figure: Profits in Monopolistic Competition
-(Figure: Profits in Monopolistic Competition) In panel (C) of the figure Profits in Monopolistic Competition, the profit-maximizing quantity of output is determined by the intersection at point:

• A) P.
• B) S.
• C) R.
• D) Q.