The Figure Given Below Shows the Revenue and Cost Curves

The figure given below shows the revenue and cost curves of a monopolistically competitive firm. Figure: 11.3 In the figure,
D: Demand curve
MR: Marginal revenue curve
MC: Marginal cost curve
ATC: Average total cost curve
The monopolistically competitive firm in Figure 11.3 will maximize profits (or minimize losses) by producing _____ and charging _____.

A) Q₂;P₆
B) Q₁;P₁
C) Q₂;P₂
D) Q₃;P₃
E) Q₄;P₅