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Figure 16-1

Question 404

Multiple Choice

Figure 16-1. The figure is drawn for a monopolistically competitive firm.
Figure 16-1. The figure is drawn for a monopolistically competitive firm. -Refer to Figure 16-1.If the average variable cost is $12 at the profit-maximizing quantity,and if the firm's fixed costs amount to $30,then the firm's maximum profit is A) $-30. B) $22. C) $36. D) $42.
-Refer to Figure 16-1.If the average variable cost is $12 at the profit-maximizing quantity,and if the firm's fixed costs amount to $30,then the firm's maximum profit is


A) $-30.
B) $22.
C) $36.
D) $42.

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