The Figure Depicts a Firm in a Price-Taker Market

question 156

Multiple Choice

The figure depicts a firm in a price-taker market. Use this figure to answer the following question(s) .
Figure 9-19

Refer to Figure 9-19. At the profit-maximizing level of output, the firm will earn an economic

• A) profit of AHEB.
• B) loss of AGDC.
• C) loss of AHEB.
• D) loss of AIFB.

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