refer to the following figure:
The graph on the left shows long-run average and marginal cost for a typical firm in a perfectly competitive industry. The graph on the right shows demand and long-run supply for an increasing-cost industry.
-How much profit will the firm earn?
A) zero
B) $2,600
C) $3,100
D) $3,750
E) $6,000

Question

refer to the following figure:
  The graph on the left shows long-run average and marginal cost for a typical firm in a perfectly competitive industry. The graph on the right shows demand and long-run supply for an increasing-cost industry.
-How much profit will the firm earn?
A) zero 
B) $2,600 
C) $3,100 
D) $3,750 
E) $6,000

Quizplus · Accepted Answer

The Answer is E

Refer to the Following Figure