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    Microeconomics Principles and Policy
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    Exam 11: Monopoly
  5. Question
    Figure 11-6 -At Its Optimal Output Level,the Profit-Maximizing Monopolist in Figure 11-6
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Figure 11-6 -At Its Optimal Output Level,the Profit-Maximizing Monopolist in Figure 11-6

Question 1

Question 1

Multiple Choice

Figure 11-6
Figure 11-6    -At its optimal output level,the profit-maximizing monopolist in Figure 11-6 will earn a profit equal to A) zero. B) (P<sub>2</sub> - P<sub>3</sub>) Q. C) P > Q. D) (P<sub>5</sub> - P<sub>6</sub> ) Q.
-At its optimal output level,the profit-maximizing monopolist in Figure 11-6 will earn a profit equal to


A) zero.
B) (P2 - P3) Q.
C) P > Q.
D) (P5 - P6 ) Q.

Correct Answer:

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