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- in Figure 23

Question 71

Multiple Choice

- In Figure 23.3,diagram a presents the cost curves that are relevant to a firm's production decision,and diagram b shows the market demand and supply curves for the market.Use both diagrams to answer the following question: In Figure 23.3,the price at which a firm makes zero economic profits is A) p<sub>1</sub>. B) p<sub>2</sub>. C) p<sub>3</sub>.
- In Figure 23.3,diagram "a" presents the cost curves that are relevant to a firm's production decision,and diagram "b" shows the market demand and supply curves for the market.Use both diagrams to answer the following question: In Figure 23.3,the price at which a firm makes zero economic profits is


A) p1.
B) p2.
C) p3.

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