Multiple Choice
The following figure shows the revenue curves of a monopolist:
Figure 11.6
D: Average revenue
MR: Marginal revenue
-Refer to Figure 11.6. 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.
Correct Answer:

Verified
Correct Answer:
Verified
Q95: The figure given below shows the cost
Q96: The following table shows the units of
Q97: The following table shows the units of
Q98: The figure given below shows the demand
Q99: The table given below shows the price,
Q101: The figure given below shows the aggregate
Q102: The following figures show the demand and
Q103: The figures given below represent the revenue
Q104: The table given below shows the price,
Q105: The figure given below shows the aggregate