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The Figure Given Below Shows the Revenue and Cost Curves

question 88

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The figure given below shows the revenue and cost curves of a monopolistically competitive firm. Figure: 11.3 The figure given below shows the revenue and cost curves of a monopolistically competitive firm. Figure: 11.3   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 11.3 is: A) P<sub>5</sub> - P<sub>3.</sub> B) P<sub>6</sub> - P<sub>3.</sub> C) P<sub>3</sub> - P<sub>2.</sub> D) P<sub>6</sub> - P<sub>2.</sub> E) P<sub>4</sub> - P<sub>2.</sub> 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 11.3 is:


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