In the diagram the profit maximizing output is - JAMB Economics 1992 Question

In the diagram, the profit maximizing output is

A

Q₁ while 1 = AC and II = MC

B

Q₁, while l = MC and ll = AC

C

Q₂, while l = MC and ll AC

D

Q₃, while l = AC and ll = MC

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Correct Option: C

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