Multiple Choice
The following figure shows the revenue curves of a monopolist: Figure 10.6
D: Average revenue
MR: Marginal revenue
-Refer to Figure 10.6.Assume that marginal costs are constant at $2,500 and fixed costs are zero.Under a monopoly,consumer surplus would be:
A) $100,000.
B) $500,000.
C) $300,000.
D) $250,000.
E) $200,000.
Correct Answer:

Verified
Correct Answer:
Verified
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