10. This firm is selling its output in what type of market?
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B. Monopolistic competition
C. Oligopoly
D. Impossible to determine with the information provided
E. Pure monopoly
11. If this firm were to shut down then it would lose _______ dollars.
12. The profit-maximizing level of output is equal to _______.
13. At the profit-maximizing output the marginal profit is equal to ______ dollars
14. Marginal Revenue is equal to ________ dollars
15. The TC of producing two units of output is _______ dollars.
16. The TVC of producing 3 units of output is _________ dollars
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