Figure 11.3 Figure 11.3 Shows Short-Run Cost and Demand Curves for a and Demand

question 8

Multiple Choice

Figure 11.3

Figure 11.3 shows short-run cost and demand curves for a monopolistically competitive firm in the market for designer watches.
-Refer to Figure 11.3.What is the area that represents the total revenue made by the firm?

• A)0P₀aQₐ
• B)0P₁bQₐ
• C)0P₂cQₐ
• D)0P₃dQₐ

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