The Figure Given Below Shows the Revenue and Cost Curves

question 53

Multiple Choice

The figure given below shows the revenue and cost curves of a firm.MC represents the marginal cost curve, AC the average cost curve, MR the marginal revenue curve, and AR the average revenue curve. Figure 8.4 Refer to Figure 8.3.The firm suffers a negative profit of:

• A)100 units.
• B)50 units.
• C)80 units.
• D)150 units.
• E)250 units.

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Definitions:

Dimethyl Ether

Dimethyl ether is a colorless gas used as an aerosol propellant and a refrigerant, with the chemical formula CH3OCH3.

H-F

Hydrogen fluoride, a chemical compound consisting of hydrogen and fluorine, known for its use in industrial processes and its high toxicity.

Molecules

The smallest units of a chemical substance that retain their unique chemical identity.

Higher Boiling

Referring to a substance with a higher boiling point compared to another substance, often used to differentiate between similar compounds in purification processes.