Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: The Marginal Decision Rule
-(Figure: Marginal Decision Rule) Look at the figure The Marginal Decision Rule. At q₂, or the _____, the _____ price is equal to marginal cost.

A) minimum-cost output; shut-down
B) profit-maximizing quantity; market
C) maximum-cost output; break-even
D) profit-minimizing quantity; break-even