The Following Figure Shows the Demand Curve (DD), the Marginal

question 260

Multiple Choice

The following figure shows the demand curve (DD) , the marginal revenue curve (MR) , and the cost curves of a monopolistic competitor.

-Refer to the figure above.What does the region ABDC denote?

• A) An economic profit
• B) A loss incurred by the producer
• C) Consumer surplus
• D) Deadweight loss

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