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-The Feature of the Above Figure That Indicates That the Firm

Question 113

Multiple Choice

-The feature of the above figure that indicates that the firm is a perfectly competitive firm is the A) shape of the total cost curve. B) shape of the total revenue curve. C) fact that the total cost and total revenue curves are farthest apart at output is Q<sub>2</sub>. D) fact that the total cost and total revenue curves cross twice.
-The feature of the above figure that indicates that the firm is a perfectly competitive firm is the


A) shape of the total cost curve.
B) shape of the total revenue curve.
C) fact that the total cost and total revenue curves are farthest apart at output is Q2.
D) fact that the total cost and total revenue curves cross twice.

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