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    Macroeconomics Study Set 20
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    Exam 10: Monopoly
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    -Refer to Exhibit 10-2
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-Refer to Exhibit 10-2

Question 23

Question 23

Multiple Choice

  -Refer to Exhibit 10-2.Which of the following is correct about point M? A)  TE is $4,500 billion and TP is only $1,500 billion. B)  TP is $4,500 billion and TE is only $1,500 billion. C)  TE is $7,500 and TP is only $5,500 billion. D)  TP is only $7,500 billion and TE is only $5,500 billion. E)  TE is $3,000 billion and TP is only $1,500 billion.
-Refer to Exhibit 10-2.Which of the following is correct about point M?


A) TE is $4,500 billion and TP is only $1,500 billion.
B) TP is $4,500 billion and TE is only $1,500 billion.
C) TE is $7,500 and TP is only $5,500 billion.
D) TP is only $7,500 billion and TE is only $5,500 billion.
E) TE is $3,000 billion and TP is only $1,500 billion.

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