The figure given below shows the demand curve in the U.S.and the cost curves in U.S.and India. Figure: 29.4 In the figure:
MC: Marginal cost curve
ATC: Average total cost curve
D: Demand curve in the U.S.
MR: Marginal revenue curve in the U.S.
In Figure 29.4, the price and quantity of the good if produced by India would be _____ and _____ respectively.

Question

The figure given below shows the demand curve in the U.S.and the cost curves in U.S.and India. Figure: 29.4  In the figure:
MC: Marginal cost curve
ATC: Average total cost curve
D: Demand curve in the U.S.
MR: Marginal revenue curve in the U.S.
In Figure 29.4, the price and quantity of the good if produced by India would be _____ and _____ respectively.

Quizplus · Accepted Answer

The Answer of The figure given below shows the demand curve in the U.S.and the cost curves in U.S.and India. Figure: 29.4  In the figure:
MC: Marginal cost curve
ATC: Average total cost curve
D: Demand curve in the U.S.
MR: Marginal revenue curve in the U.S.
In Figure 29.4, the price and quantity of the good if produced by India would be _____ and _____ respectively.

The Figure Given Below Shows the Demand Curve in the U.S.and