According to Figure 13-7 above,what is the price for Red Baron frozen cheese pizzas when marginal revenue is $0?
A)$0
B)$2
C)$4
D)$8
E)$12

Question

Quizplus · Accepted Answer

At marginal revenue of $0, the optimal price for the Red Baron frozen cheese pizzas is the price corresponding to the intersection of marginal cost and average total cost, which is $8 according to the graph. Therefore, the best choice is D.

According to Figure 13-7 Above,what Is the Price for Red