The figure given below shows the revenue and the cost curves of a perfectly competitive firm. Figure 9.3
- In Figure 9.3,at equilibrium,the firm enjoys a profit of:

Question

The figure given below shows the revenue and the cost curves of a perfectly competitive firm. Figure 9.3 
- In Figure 9.3,at equilibrium,the firm enjoys a profit of:

Quizplus · Accepted Answer

The profit at equilibrium is calculated by subtracting total costs from total revenue. The correct choice is based on the specific values provided in Figure 9.3, which indicate a profit of $42.

The Figure Given Below Shows the Revenue and the Cost