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

The figure given below shows the demand curve in the U.S. and the cost curves in U.S. and India.Figure: 16.4
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.
-According to Figure 16.4, the price and quantity of the good if produced by the U.S. would be _____ and _____ respectively.

A) P₁; Q₁
B) P₃; Q₃
C) P₂; Q₄
D) P₂; Q₂
E) P₄; Q₄

Correct Answer:

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