Refer to the Following Figure to Answer the Following Questions

question 174

Multiple Choice

Refer to the following figure to answer the following questions.

-Firm 1 and firm 2 are the sole producers in the industry.At price P₂,the industry's total quantity supplied is

• A) Q₁ + Q₂ + Q₃ +Q₄.
• B) Q₁ +Q₃.
• C) Q₂ + Q₄.
• D) Q₁ - Q₄.
• E) Q₄ - Q₁.

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Definitions:

Mixed Fraction

A number consisting of an integer and a proper fraction (e.g., 3 1/2).

Whole Number

Non-negative integers, including zero, without fractions or decimals, representing complete units.

Tegretol

a brand name for carbamazepine, a medication primarily used to treat epilepsy and bipolar disorder.

Dilantin

A brand name for phenytoin, a medication used to control seizures by slowing down impulses in the brain.