Graph 14-4 This graph depicts the cost structure of a profit-maximising firm in a competitive market.Use the graph to answer the following question(s).
-Refer to Graph 14-4.This firm will exit the market for any price on the line segment:

Question

Graph 14-4  This graph depicts the cost structure of a profit-maximising firm in a competitive market.Use the graph to answer the following question(s).
-Refer to Graph 14-4.This firm will exit the market for any price on the line segment:

Quizplus · Accepted Answer

The firm will exit the market for any price on the line segment AB because at any price below AB, the firm will make a loss.

Graph 14-4 This Graph Depicts the Cost Structure of a Profit-Maximising