Multiple Choice
Figure 16-1. The figure is drawn for a monopolistically competitive firm.

-Refer to Figure 16-1.If the average variable cost is $12 at the profit-maximizing quantity,and if the firm's fixed costs amount to $30,then the firm's maximum profit is
A) $-30.
B) $22.
C) $36.
D) $42.
Correct Answer:
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