The Following Figure Shows the Marginal Cost Curve and the Average

question 65

Multiple Choice

The following figure shows the marginal cost curve and the average total cost curve of a firm operating in a perfectly competitive industry.

-Refer to the figure above.What is the maximum profit that the firm can make?

• A) $30
• B) $60
• C) $90
• D) $180

---

Definitions:

Lesions

Lesions refer to any abnormal tissue or damage found on or in an organism, often resulting from disease or injury.

Birthmark

A congenital, usually benign, irregularity on the skin which is present at birth or appears shortly after birth, often as a result of localized concentrations of melanin or vascular anomalies.

Nevus

A medical term for a mole or birthmark, which is a benign growth on the skin that is formed by a cluster of melanocytes.

Lesions

Any abnormal tissue or damage found on or in the body, often identified through diagnostic processes.