the price curve is at 85 not 65. l couldn't take the entire picture of the graph where the marker was. so 85 and Q is at 70. thanks.

launch.jsp . course as 60 55 50 45 Price 40 35 0 5 10 15 20 25 30 35 40 45 Quantity -"P=MR -AC Using the graph above, what is the profit maximizing quantity in the above graph for a competitive fin QUESTION 2 Using the graph from the previous question, what price will the firm charge? QUESTION 3 Using the above graph, what are the firm's profits? QUESTION 4 Using the graph above has the market reached its long-run equilibrium Yes, price is equal to average cost and so economic profits have been driven to zero. No, price is not equal to average cost and so economic profits have not been driven to zero yet