Multiple Choice
The figure above illustrates a firm's demand and marginal revenue curves and its cost curves.
-When the firm in the figure above maximizes its profit,it makes an economic profit of
A) $3,125.
B) $6,250.
C) $9,375.
D) $5,625.
E) None of the above answers are correct because the firm incurs an economic loss.
Correct Answer:
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