Question 6 1 point MC ATOC MR 0 L8 Quantity The above graph

Question 6 (1 point) MC ATOC MR 0 L8 Quantity The above graph represents a competitive price searcher firm in the short run. Assuming the firm is trying to maximize profit, what price should this firm charge? $10 $8 $7 S5

MR = MC is the point which maximises profit

Therefore, $5 is the price which the company should charge.