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    Exam 11: Monopoly
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    -Figure 10-5 Shows the Cost and Demand Curves Facing a Monopolist
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-Figure 10-5 Shows the Cost and Demand Curves Facing a Monopolist

Question 210

Question 210

Multiple Choice

  -Figure 10-5 shows the cost and demand curves facing a monopolist whose marginal cost is constant.The firm has no fixed costs.If it does not discriminate what will it's profit be? A) area PP'BA B) area OPAQ* C) area PP'CA D) area APC E) area OP BQ*
-Figure 10-5 shows the cost and demand curves facing a monopolist whose marginal cost is constant.The firm has no fixed costs.If it does not discriminate what will it's profit be?


A) area PP'BA
B) area OPAQ*
C) area PP'CA
D) area APC
E) area OP"BQ*

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