LoCalLoCarbo has turn into the favorite of fad dieters. There in illustrated graph curve B shows: (i) LoCalLoCarbo’s marginal cost curve. (ii) LoCalLoCarbo’s average variable cost curve. (iii) LoCalLoCarbo’s average total cost curve. (iv) the market demand curve facing LoCalLoCarbo. (v) LoCalLoCarbo’s marginal revenue curve.
![531_Market Power and Marginal Revenue.png](https://secure.tutorsglobe.com/CMSImages/531_Market%20Power%20and%20Marginal%20Revenue.png)
Can anybody suggest me the proper explanation for given problem regarding Economics generally?