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 markup is
A) more than zero but less than $1.00.
B) $3.00.
C) $2.00.
D) zero.
Correct Answer:
Verified
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