The Figure Given Below Shows the Revenue and Cost Curves

question 52

Multiple Choice

The figure given below shows the revenue and cost curves of a perfectly competitive firm.Figure 10.2
MC: Marginal cost curve
MR: Marginal revenue curve
ATC: Average-total-cost curve
AVC: Average-variable-cost curve
-According to Figure 10.2, the break-even price of the firm is:

• A)$30.
• B)$50.
• C)$20.
• D)$10.
• E)$35.

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