This Graph Illustrates the Demand Faced by a Firm

question 22

Multiple Choice

This graph illustrates the demand faced by a firm.
Refer to the figure above.The firm will charge a price of $8 only if:

• A) marginal cost is $8.
• B) marginal cost is $0.
• C) average total cost is $8.
• D) marginal cost is less than $8.

---

Definitions:

ETFs

Exchange-Traded Funds, investment funds traded on stock exchanges, much like stocks, which hold assets such as stocks, commodities, or bonds.

International Funds

Mutual funds that invest in a variety of securities from markets outside of the investor’s country of residence, aiming to diversify investment risk.

Foreign Stocks

Stocks issued by companies incorporated outside the investor's country of residence, providing diversification and exposure to foreign markets.

Diversified Portfolio

An investment strategy that involves spreading investments across various asset classes to reduce risk.