-The maximum total economic profit,or minimum economic loss,for the monopolistically competitive firm in Figure 11-2 is
A)zero
B)a profit of $575.00
C)a profit of $1,562.50
D)a profit of $2,000.00
E)a loss of $375.00

Question

-The maximum total economic profit,or minimum economic loss,for the monopolistically competitive firm in Figure 11-2 is
A)zero 
B)a profit of $575.00 
C)a profit of $1,562.50 
D)a profit of $2,000.00 
E)a loss of $375.00

Quizplus · Accepted Answer

The Answer of 
-The maximum total economic profit,or minimum economic loss,for the monopolistically competitive firm in Figure 11-2 is
A)zero 
B)a profit of $575.00 
C)a profit of $1,562.50 
D)a profit of $2,000.00 
E)a loss of $375.00

-The Maximum Total Economic Profit,or Minimum Economic Loss,for the Monopolistically