Below is a graphical illustration of a typical firm operating in a monopolistically competitive industry:

-Refer to the graph above to answer this question.At what price and quantity,respectively,would this firm sell its product in order to maximize profits?

Question

Below is a graphical illustration of a typical firm operating in a monopolistically competitive industry:
 
-Refer to the graph above to answer this question.At what price and quantity,respectively,would this firm sell its product in order to maximize profits?

Quizplus · Accepted Answer

The Answer of Below is a graphical illustration of a typical firm operating in a monopolistically competitive industry:
 
-Refer to the graph above to answer this question.At what price and quantity,respectively,would this firm sell its product in order to maximize profits?

Below Is a Graphical Illustration of a Typical Firm Operating