-Refer to the Above Figure $\mathrm { MRP } _ { 0 }$

question 102

Multiple Choice

-Refer to the above figure.The firm is operating using $\mathrm { MRP } _ { 0 }$ .An increase in demand for the product has occurred.The relevant curve for the firm after the increase in price

• A)is \(\mathrm { MRP } _ { 0 }\) .
• B)is \(\text { MRP } 1\) .
• C)is \(\mathrm { MRP } _ { 2 }\) .
• D)could be \(\text { MRP } 1\) or \(\mathrm { MRP } _ { 2 }\) depending upon whether the firm was earning a positive profit.

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