Figure 10.11
-Refer to Figure 10.11.Suppose the above graph represents the relationship between the average total cost of producing notebook computers and the quantity of notebook computers produced by Dell.On a graph, illustrate the demand, MR, MC, and ATC curves which would represent Dell maximising profits at a quantity of 100 000 per month and identify the area on the graph which represents the profit.
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Correct Answer:
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