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    Exam 14: Monopolistic Competition
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    The Figure Shows the Demand Curve for Gap Jackets (D)
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The Figure Shows the Demand Curve for Gap Jackets (D)

Question 124

Question 124

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, what is Gap's economic profit? A)  zero B)  $5,000 C)  -$5,000 D)  -$1,160 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, what is Gap's economic profit?


A) zero
B) $5,000
C) -$5,000
D) -$1,160

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