Multiple Choice
Use the following to answer questions:
Figure: Monopolistic Competition III
-(Figure: Monopolistic Competition III) The figure Monopolistic Competition III shows the demand, marginal revenue, marginal cost, and average total cost curves for Pat's Pizza Parlor, a monopolistic competitor in the food-to-go industry. Pat's Pizza Parlor's maximal profit will be:
A) $0.
B) $350.
C) $700.
D) $900.
Correct Answer:

Verified
Correct Answer:
Verified
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