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A Firm Faces the Demand for Its Product, , as Shown

Question 36

Multiple Choice

A firm faces the demand for its product,A firm faces the demand for its product, , as shown in the figure below. It produces under conditions of constant costs in the long run, and LMC = LAC = $12 per unit. Answer Questions . -At the profit-maximizing uniform price, the firm earns economic profit of __________ when it engages in uniform pricing. A) $3,872 B) $4,728 C) $4,874 D) $5,428 E) none of the above , as shown in the figure below. It produces under conditions of constant costs in the long run, and LMC = LAC = $12 per unit. Answer Questions . A firm faces the demand for its product, , as shown in the figure below. It produces under conditions of constant costs in the long run, and LMC = LAC = $12 per unit. Answer Questions . -At the profit-maximizing uniform price, the firm earns economic profit of __________ when it engages in uniform pricing. A) $3,872 B) $4,728 C) $4,874 D) $5,428 E) none of the above
-At the profit-maximizing uniform price, the firm earns economic profit of __________ when it engages in uniform pricing.


A) $3,872
B) $4,728
C) $4,874
D) $5,428
E) none of the above

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