The Following Question(s) Refer(s) to the Figure Below, Which Depicts

question 21

Multiple Choice

The following question(s) refer(s) to the figure below, which depicts the demand, marginal revenue, and cost curves facing a firm in a competitive price-searcher industry.
Figure 10-14

Refer to Figure 10-14. The firm is currently earning an economic

• A) profit equal to the area AHFC .
• B) profit equal to the area CFED .
• C) loss equal to the area AHED .
• D) loss equal to the area CFED .