Interlace, Inc produces and a unique soda. The company cannot price discriminate. The figure above shows Interlace's demand curve, marginal revenue curve, and marginal cost curve. Interlace's profit maximizing price is ________ per bottle

"Total revenue minus total cost" is

A) an incorrect definition of profit. B) the correct definition of profit. C) the economist's definition of profit. D) the government's definition of profit. E) the most common definition of profit.

What is the difference between a supply schedule and a supply curve?

What will be an ideal response?