Multiple Choice
The figure shows the demand curve for Nike shoes (D) , and Nike's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) .
-In the figure above, Nike maximizes its profit if it charges ________ per pair of shoes.
A) $75
B) $60
C) $72
D) $42
Correct Answer:
Verified
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