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The Following Figure Shows the Revenue Curves of a Monopolist

Question 56

Multiple Choice

The following figure shows the revenue curves of a monopolist: Figure 10.6 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.
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.

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