Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions.

Figure 13.3.1
-Refer to Figure 13.3.1. If this market were perfectly competitive, the output level would exceed the single-price monopoly output level by

A) 20 units.
B) 40 units.
C) 60 units.
D) 30 units.
E) zero. The perfectly competitive firm and the single-price monopoly produce the same quantity because marginal cost is constant.