The Figure Given Below Shows the Revenue and Cost Curves

question 25

Multiple Choice

The figure given below shows the revenue and cost curves of a perfectly competitive firm. Figure 9.2
MC: Marginal cost curve
MR: Marginal revenue curve
ATC: Average-total-cost curve
AVC: Average-variable-cost curve
-Refer to Figure 9.2.If the marginal-revenue curve would have intersected the average-total-cost curve at its lowest point and the firm maximized profit,then total revenue would have been equal to:

• A)$500.
• B)$550.
• C)$600.
• D)$450.
• E)$400.

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Definitions:

Turner Syndrome

A chromosomal disorder affecting females, characterized by the partial or complete absence of one X chromosome, leading to various developmental issues.

Chromosomal Pattern

The specific arrangement and number of chromosomes within a cell, which can be analyzed to detect genetic disorders or anomalies.

XO

A genetic term referring to individuals with a single X chromosome and no second sex chromosome, typically associated with Turner syndrome.

Recessive Gene

A gene that is expressed in the phenotype only when it is on both chromosomes of a pair and not masked by a dominant gene.