11:08 am Mon'lMay u. ... 64%@- learntaimbusinessschooledutau Question '7 Graph 52 depicts the cost structure of an organisation in a competitive market. Referring to the graph, when market price is P5, a N0, complete prot-maximising organisation's prots can be represented by the area: Marked out of 100 V Flag question Q' 02 03 04 Quantity Select one: 0 a'(P5P4) ' 03 o b. P5 ' 03 o c. (P5 P3) ' Q2 Q d. When market price is P5 there are no profits Questions By comparing marginal revenue and marginal cost, an organisation in a competitive market is able to adjust production to the level Correct that: Marked out of 1.00 Color} Ann