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In This Diagram,D* Represents the Demand Curve Facing a Monopolist

Question 141

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  In this diagram,D* represents the demand curve facing a monopolist and d** represents the demand curve facing a perfectly competitive firm. -Refer to the diagram above.If both the perfectly competitive firm and the monopolist expand production from Q1 to Q2,their respective total revenues are represented by the areas __________ and __________. A)  (A + B + C + E) ; (A + B + C + E)  B)  (A + B + C + D + E) ; (B + E)  C)  (C + D + E) ; (C + E)  D)  (A + B + E) ; (C + D + E)  E)  (A + B + C + E) ; (B + E) In this diagram,D* represents the demand curve facing a monopolist and d** represents the demand curve facing a perfectly competitive firm.
-Refer to the diagram above.If both the perfectly competitive firm and the monopolist expand production from Q1 to Q2,their respective total revenues are represented by the areas __________ and __________.


A) (A + B + C + E) ; (A + B + C + E)
B) (A + B + C + D + E) ; (B + E)
C) (C + D + E) ; (C + E)
D) (A + B + E) ; (C + D + E)
E) (A + B + C + E) ; (B + E)

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