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The Figure Shows the Demand Curve for Gap Jackets (D)

Question 173

Multiple Choice

The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) . -In the figure above, Gap's economic ________ is ________. A) loss; $8,000 B) loss; $13,000 C) profit; $7,200 D) profit; $13,000 The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) .
-In the figure above, Gap's economic ________ is ________.


A) loss; $8,000
B) loss; $13,000
C) profit; $7,200
D) profit; $13,000

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