Answer
A.
Total revenue equals total cost.
Work Step by Step
At MC=MR, the firm's ATC is also equal to price, which means that the total costs equal total revenue.
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 9 - Pure Competition in the Long Run - Quick Quiz for Figure 9.6 - Page 187: 2
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