Figure 13-7 -Refer to Figure 13-7.What is the area that represents the firm's profit? A)profit = 0 B)P₄edP₂ C)P₄eaP₁ D)P₃baP₂

Name: Figure 13-7 -Refer to Figure 13-7.What is the area that represents the firm's profit? A)profit = 0 B)P 4 edP 2 C)P 4 eaP 1 D)P 3 baP 2
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The area that represents the firm's profit is the area above the average variable cost curve and below the price line. In Figure 13-7, this area is represented by the triangle P4edP2.

Figure 13-7 -Refer to Figure 13-7.What Is the Area That Represents the That