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The Figure Given Below Shows the Demand Curve in the U.S.and

question 84

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The figure given below shows the demand curve in the U.S.and the cost curves in U.S.and India. Figure: 15.4 The figure given below shows the demand curve in the U.S.and the cost curves in U.S.and India. Figure: 15.4   In the figure: MC: Marginal cost curve ATC: Average total cost curve D: Demand curve in the U.S. MR: Marginal revenue curve in the U.S. -According to Figure 15.4,the price and quantity of the good if produced by U.S.would be _____ and _____ respectively. A) P<sub>1</sub>; Q<sub>1</sub> B) P<sub>3</sub>; Q<sub>3</sub> C) P<sub>2</sub>; Q<sub>4 </sub> D) P<sub>2</sub>; Q<sub>2</sub> E) P<sub>4</sub>; Q<sub>4</sub> In the figure:
MC: Marginal cost curve
ATC: Average total cost curve
D: Demand curve in the U.S.
MR: Marginal revenue curve in the U.S.
-According to Figure 15.4,the price and quantity of the good if produced by U.S.would be _____ and _____ respectively.


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