The diagram illustrates the demand curve, isoprofit curves and the marginal cost curve of MQ2020, a...

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The diagram illustrates the demand curve, isoprofit curves and the marginal cost curve of MQ2020, a luxury car manufactured by MQ Motors. Assume that MQ Motors currently chooses to operate at Point A. Which statement correctly describes the MQ Motors' situation? 10,000- Price, marginal cost (5) 8,000 0 0 Select one: O a. 0² we B 50 Quantity of cars, Q Marginal cost Isoprofit curve: $63,360 Isoprofit curve $30,000 Isopfofit curve: 50 Demand curve 100 The only way for MQ Motors to maximise its profits is to operate at Point E. 120 O b. If MQ Motors chooses to operate at Point B instead of Point A, it will make the same level of profits as both are on the demand curve. O c. Currently, MQ Motors' MRS is equal to MRT. Od. MQ Motors can increase its profits by producing and selling more cars at a lower price. Oe. In order to maximise profits, MO Motors should operate at Point E. The diagram illustrates the demand curve, isoprofit curves and the marginal cost curve of MQ2020, a luxury car manufactured by MQ Motors. Assume that MQ Motors currently chooses to operate at Point A. Which statement correctly describes the MQ Motors' situation? 10,000- Price, marginal cost (5) 8,000 0 0 Select one: O a. 0² we B 50 Quantity of cars, Q Marginal cost Isoprofit curve: $63,360 Isoprofit curve $30,000 Isopfofit curve: 50 Demand curve 100 The only way for MQ Motors to maximise its profits is to operate at Point E. 120 O b. If MQ Motors chooses to operate at Point B instead of Point A, it will make the same level of profits as both are on the demand curve. O c. Currently, MQ Motors' MRS is equal to MRT. Od. MQ Motors can increase its profits by producing and selling more cars at a lower price. Oe. In order to maximise profits, MO Motors should operate at Point E.

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