Table 17-1 -Refer to Table 17-1.This Table Shows the Demand Schedule,marginal Cost,and

question 254

Multiple Choice

Table 17-1

-Refer to Table 17-1.This table shows the demand schedule,marginal cost,and average total cost for a monopolistically competitive firm.How much profit will this firm earn when it chooses its output to maximize profit?

• A)A $4 loss.
• B)A $2 loss.
• C)A $6 profit.
• D)A $16 profit.

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