Question: Please note that the letters inside the diagram below (such as G, H, M) refer to the shapes defined by the line segments (solid or

Please note that the letters inside the diagram below (such as G, H, M) refer to the shapes defined by the line segments (solid or dashed) surrounding the letter. P P4 F G P3 H L K P2 L M N R P1 MC = AC D Q3 Q2 Q1 Q MR In the diagram, the competitive market equilibrium price (without tax or other regulation) is O P1 O PA O P3 O P2

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