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Use the Following Table to Answer the Question : Table

Question 35

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Use the following table to answer the question : Table 15-1: shows the marginal cost [MC],marginal revenue [FH],and demand [FG] curves for a monopolist who faces constant costs.
Figure 15-1 Use the following table to answer the question : Table 15-1: shows the marginal cost [MC],marginal revenue [FH],and demand [FG] curves for a monopolist who faces constant costs. Figure 15-1   -Refer to Figure 15-1.Given that P<sub>1</sub>= $100,P<sub>2</sub> = $50,Q<sub>2</sub>= 2,000 units,and Q<sub>1</sub>=1,000 units,what is the deadweight loss of a monopoly? A) $10,000 B) $2,000 C) $50,000 D) $25,000
-Refer to Figure 15-1.Given that P1= $100,P2 = $50,Q2= 2,000 units,and Q1=1,000 units,what is the deadweight loss of a monopoly?


A) $10,000
B) $2,000
C) $50,000
D) $25,000

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