Refer to the provided graph for a purely competitive firm in the short run. If the firm increases its output level from B to C, then its total profits will be
A)negative and decreasing.
B)negative and increasing.
C)positive and increasing.
D)positive and decreasing.

Question

Refer to the provided graph for a purely competitive firm in the short run. If the firm increases its output level from B to C, then its total profits will be
A)negative and decreasing. 
B)negative and increasing. 
C)positive and increasing. 
D)positive and decreasing.

Quizplus · Accepted Answer

The Answer of  Refer to the provided graph for a purely competitive firm in the short run. If the firm increases its output level from B to C, then its total profits will be
A)negative and decreasing. 
B)negative and increasing. 
C)positive and increasing. 
D)positive and decreasing.

Refer to the Provided Graph for a Purely Competitive Firm