The Figure Depicts a Firm in a Price-Taker Market

question 111

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. To maximize profit, the firm should produce an output level of

• A) zero; the firm should shut down immediately.
• B) q ₂.
• C) q ₃.
• D) q ₄.

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