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The graph shows the demand curve and marginal revenue curve of Price and cost (dollars per machine) Java Time, Inc., a producer of espresso machines
The graph shows the demand curve and marginal revenue curve of Price and cost (dollars per machine) Java Time, Inc., a producer of espresso machines in monopolistic 500- competition. 450- Draw the firm's marginal cost curve if Java Time produces 50 espresso machines a week. Label it. 400- Draw a point at the profit-maximizing quantity and price. 350- 300- D 250- 200- 150- 100- 50- 25 50 75 100 125 Quantity (espresso machines per week)
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