In monopolistic competition,a firm produces 10,000 units when its marginal revenue equals its marginal cost. At this level of output, the firms average variable cost is $4.30 and its average fixed cost is $2.10. If the firm sells the product for $5 each, at best it is earning
A)a profit of $14,000.
B)losses of $14,000.
C)a profit of $7,000.
D)losses of $7,000.
E)There is not enough information provided to answer this question.

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The Answer of In monopolistic competition,a firm produces 10,000 units when its marginal revenue equals its marginal cost. At this level of output, the firms average variable cost is $4.30 and its average fixed cost is $2.10. If the firm sells the product for $5 each, at best it is earning
A)a profit of $14,000.
B)losses of $14,000.
C)a profit of $7,000.
D)losses of $7,000.
E)There is not enough information provided to answer this question.

In Monopolistic Competition,a Firm Produces 10,000 Units When Its Marginal