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ya-yaa ya-yaa
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A year ago

The figure shows demand and marginal revenue for a single price monopoly.

Short description: A graph plots Q against dollars. Long description: The horizontal axis representing Q ranges from 0 to 2000, in increments of 500. The vertical axis representing dollars ranges from 0 to 14, in increments of 2. The graph plots two lines. The first line passes through the points, (0, 12), (250, 9), (500, 6), (750, 3), and (1000, 0). The second line representing D passes through the points, (0, 12), (500, 9), (1000, 6), (1500, 3), and (2000, 0).

FIGURE 10-5

Refer to Figure 10-5. Assume production costs are constant and equal to $6.00 (i.e., AC = MC = $6.00).
For this single-price monopoly, at the profit-maximizing (or loss minimizing) level of output, Consumer Surplus is



▸ $750.

▸ $1500.

▸ $2500.

▸ $3000.

▸ $4500.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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karatinskaratins
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A year ago
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ya-yaa Author
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A year ago
Helped a lot
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Thanks
mambah4
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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