The profit maximizing competitive firm in illustrated graph will: (i) produce output level q5. (ii) minimize total costs by producing output level q3. (iii) experience fixed costs equal to 0P3fq4. (iv) produce output level q4. (v) inevitably experience economic losses.
![1858_Total Revenue1.png](https://secure.tutorsglobe.com/CMSImages/1858_Total%20Revenue1.png)
How can I solve my Economics problem? Please suggest me the correct answer.