The Following Figure Shows the Revenue Curves of a Monopolist

Multiple Choice

The following figure shows the revenue curves of a monopolist: Figure 10.6
D: Average revenue
MR: Marginal revenue
-In Figure 10.6,assume that marginal costs are constant at $2,500 and fixed costs are zero.What price and output level would result from perfect competition?

A) P = $2,500,Q = 400
B) P = $2,500,Q = 200
C) P = $5,000,Q = 0
D) P = $4,000,Q = 400
E) P = $4,000,Q = 200