The diagram illustrates a firm’s cost and revenue curves. The firm launches an advertising campaign worth $100 million that proves successful. What effect will this have on its cost and revenue curves?
- AMR curve: shifts to right AR curve: shifts to right MC curve: shifts up AC curve: unchanged
- BMR curve: shifts to right AR curve: shifts to right MC curve: unchanged AC curve: shifts up
- CMR curve: unchanged AR curve: unchanged MC curve: shifts up AC curve: unchanged
- DMR curve: unchanged AR curve: unchanged MC curve: unchanged AC curve: shifts up