The Figure Given Below Shows the Revenue and Cost Curves

question 50

Multiple Choice

The figure given below shows the revenue and cost curves of a monopolistically competitive firm.Figure: 12.3
In the figure,
D: Demand curve
MR: Marginal revenue curve
MC: Marginal cost curve
ATC: Average total cost curve
-The profit per unit of output for the firm in the Figure 12.3 is:

• A)P₅ - P_3.
• B)P₆ - P_3.
• C)P₃ - P_2.
• D)P₆ - P_2.
• E)P₄ - P_2.

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Definitions:

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