The Following Figure Shows the Cost and Revenue Structures of a Firm

Multiple Choice

The following figure shows the cost and revenue structures of a firm. MC represents the marginal cost curve, AC represents the average cost curve, AR represents the average revenue curve, and MR represents the marginal revenue curve. P* is the equilibrium price and Q* is the equilibrium output.Figure 9.5

-The accounting profit of a business firm is also called:

A) royalty income.
B) net income from equity.
C) compensatory income.
D) windfall gain.
E) net operating income.