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The Figures Given Below Represent the Revenue Curves of a Monopolist.Figure

Question 20

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The figures given below represent the revenue curves of a monopolist.Figure 11.2
The figures given below represent the revenue curves of a monopolist.Figure 11.2    TR: Total revenue curve AR: Average revenue curve MR: Marginal revenue curve -Refer to Figure 11.2. If the output at E is 600 units, then the output at B is _____ units. (We know that the slope of the marginal revenue curve is twice the slope of the average revenue curve.)  A) 900 units. B) 200 units. C) 300 units. D) 1200 units. E) 800 units. TR: Total revenue curve
AR: Average revenue curve
MR: Marginal revenue curve
-Refer to Figure 11.2. If the output at E is 600 units, then the output at B is _____ units. (We know that the slope of the marginal revenue curve is twice the slope of the average revenue curve.)


A) 900 units.
B) 200 units.
C) 300 units.
D) 1200 units.
E) 800 units.

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