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The Figure Given Below Shows the Demand Curve in the U.S.and

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The figure given below shows the demand curve in the U.S.and the cost curves in U.S.and India. Figure: 29.4 The figure given below shows the demand curve in the U.S.and the cost curves in U.S.and India. Figure: 29.4   In the figure: MC: Marginal cost curve ATC: Average total cost curve D: Demand curve in the U.S. MR: Marginal revenue curve in the U.S. In Figure 29.4, the price and quantity of the good if produced by India would be _____ and _____ respectively. A) P<sub>3</sub>;Q<sub>3</sub> B) P<sub>4</sub>;Q<sub>4</sub> C) P<sub>1</sub>;Q<sub>1</sub> D) P<sub>5</sub>;Q<sub>5</sub> E) P<sub>2</sub>;Q<sub>2</sub> In the figure:
MC: Marginal cost curve
ATC: Average total cost curve
D: Demand curve in the U.S.
MR: Marginal revenue curve in the U.S.
In Figure 29.4, the price and quantity of the good if produced by India would be _____ and _____ respectively.

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