Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
Figure: The Restaurant Market
-(Figure: The Restaurant Market) Use Figure: The Restaurant Market.The figure shows curves facing a typical restaurant.Assume that many firms,differentiated products,and easy entry and exit characterize the restaurant market.For the restaurant shown here,the profit-maximizing price is:

A) P₁.
B) P₂.
C) P₃.
D) Not enough information is given to answer the question.