$D _ { M }$ Represents Market Demand $S _ { F }$

Multiple Choice

$D _ { M }$ represents market demand, $S _ { F }$ represents the fringe supply curve, $D _ { R }$ represents the dominant firm's residual demand curve, $M R _ { R }$ represents the dominant firm's marginal revenue curve, and $M C$ represents the dominant firm's marginal cost curve.



-Consider the information above. In equilibrium, what will the market price be?

A) $20
B) $65
C) $80
D) $110