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25. Chapter ma2pe09r, Section .16, Problem 043 (ID: 043.16.MANK09) Figure 16-3 1200 1100 1000 900 800 700 PRICE 600 500 400 Demand 300 200 100

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25. Chapter ma2pe09r, Section .16, Problem 043 (ID: 043.16.MANK09) Figure 16-3 1200 1100 1000 900 800 700 PRICE 600 500 400 Demand 300 200 100 MR 5 10 15 20 25 30 35 40 45 50 55 60 QUANTITY Refer to Figure 16-3. The maximum total short-run economic profit for the monopolistically competitive firm in this figure is Oa. $24,000. Ob. - $3,000. Oc. $9,000. Od. $3,000

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