The Figure Shows the Demand Curve for Gap Jackets (D)

question 315

Multiple Choice

The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) .
-In the figure above, Gap maximizes its profit if it charges ________ per jacket.

• A) $130
• B) $80
• C) $115
• D) $100

---

Definitions:

Total Hip Replacement

A surgical procedure where a damaged hip joint is replaced with an artificial one.

Wedge Pillow

A sloped pillow designed to support the body, often used to alleviate symptoms of acid reflux, snoring, or other conditions requiring elevation.

Abduction

The movement of a limb or part away from the midline of the body, or the act of forcibly taking someone away against their will.

Bed Rest

A medical recommendation or treatment which involves prolonged periods of lying down, often used to promote healing or prevent worsening of a condition.