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Tidy Tidy
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Posts: 4852
8 years ago
If a monopolist's price is $50 at 63 units of output and marginal revenue equals marginal cost and average total cost equals $43, then the firm's total profit is
A) $3,150.
B) $2,709.
C) $441.
D) $7.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Tidy Author
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Just got PERFECT on my quiz
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You make an excellent tutor!
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Thanks for your help!!
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