250 240 210- 180 160- H 140- 120 90 H 80 60 50 20-G 15 20 IT 0 D" MC Based on the above diagram, at Q = 4 profits are positive profits equal zero profits are negative (there is a loss) MR a

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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250
240
210-
180
160-
H
140-
120
90
H
80
60
50
20-G
15
20
IT
0
D"
MC
Based on the above diagram, at Q = 4
profits are positive
profits equal zero
profits are negative (there is a loss)
MR
a
Transcribed Image Text:250 240 210- 180 160- H 140- 120 90 H 80 60 50 20-G 15 20 IT 0 D" MC Based on the above diagram, at Q = 4 profits are positive profits equal zero profits are negative (there is a loss) MR a
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