Answer
D.
Graphs (a), (b), and (c).
Work Step by Step
Drawing a straight horizontal line from the price in each graph intersects the demand curve at a quantity where the MC is below that Price level.
Economics: Principles, Problems, and Policies, 19th Edition
by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.
Published by
McGraw-Hill Education
ISBN 10:
0073511447
ISBN 13:
978-0-07351-144-3
Chapter 11 - Monopolistic Competition and Oligopoly - Quick Quiz for Figure 11.1 - Page 220: 1
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