Question: The marginal costs ( MC ) , average variable costs ( AVC ) , and average total costs ( ATC ) for a firm are

The marginal costs (MC), average variable costs (AVC), and average total costs (ATC) for a firm are shown in the figure below.
Instructions: Use the tool provided 'Profit/Loss' to illustrate the area of profit (or loss) that occurs at the profit-maximizing level of output, indicated by Pt. A. Drag the points to move or resize.
(i)Pt. AProfit / Loss
Instructions: Enter your answers as a whole number.
The profit-maximizing level of output is q, units and profit is $
The marginal costs ( MC ) , average variable

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