The firm represented by the diagram would maximize its profit where
A)curves (2)and (1)intersect.
B)curve (1)touches the horizontal axis for the second time.
C)the vertical distance between curves (3)and (4)is the greatest.
D)curves (3)and (4)intersect.

Question

The firm represented by the diagram would maximize its profit where
A)curves (2)and (1)intersect. 
B)curve (1)touches the horizontal axis for the second time. 
C)the vertical distance between curves (3)and (4)is the greatest. 
D)curves (3)and (4)intersect.

Quizplus · Accepted Answer

The Answer of  The firm represented by the diagram would maximize its profit where
A)curves (2)and (1)intersect. 
B)curve (1)touches the horizontal axis for the second time. 
C)the vertical distance between curves (3)and (4)is the greatest. 
D)curves (3)and (4)intersect.

The Firm Represented by the Diagram Would Maximize Its Profit