Multiple Choice
-Fresh Taste, Inc. produces organic breakfast cereals. The market for breakfast cereals is monopolistically competitive. The figure above shows the demand curve that Fresh Taste faces (D) , the company's marginal revenue curve (MR) , its marginal cost curve (MC) , and its average total cost curve (ATC) . Fresh Taste's excess capacity is
A) 12,000 boxes per day.
B) 4,000 boxes per day.
C) 8,000 boxes per day.
D) zero.
Correct Answer:
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