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The Following Graph Gives Cost and Revenue Data for a Monopolist

Question 20

Multiple Choice

The following graph gives cost and revenue data for a monopolist:
The following graph gives cost and revenue data for a monopolist: -Refer to the above graph to answer this question.If the monopolist is regulated and forced to charge the socially optimum price,what will be its resulting total revenue? A) $700. B) $2,400. C) $2,750. D) $3,000. E) $3,150.
-Refer to the above graph to answer this question.If the monopolist is regulated and forced to charge the socially optimum price,what will be its resulting total revenue?


A) $700.
B) $2,400.
C) $2,750.
D) $3,000.
E) $3,150.

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