The following figure shows the cost curves (ATC, average total cost; MC, marginal cost) of a firm that operates in a monopolistic competition market, as well as the demand (D) facing the firm and the marginal revenue (MR) of this firm.
-Refer to the figure above.What is the profit-maximizing level of output that this firm should supply in the short run?
A) 9 units
B) 13 units
C) 6 units
D) 11 units
Correct Answer:
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