-Refer to the Above Figure $\mathrm { P } _ { 4 }$

question 287

Multiple Choice

-Refer to the above figure.What price-output combination would apply under perfect competition?

• A) \(\mathrm { P } _ { 4 }\) and \(\mathrm { Q } _ { 1 }\)
• B) \(\mathrm { P } _ { 3 }\) and \(\mathrm { Q } _ { 2 }\)
• C) \(P _ { 2 }\) and \(\mathrm { Q } _ { 3 }\)
• D) \(P _ { 1 }\) and \(\mathrm { Q } _ { 1 }\)

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