Exhibit 9-12
-The total revenue for the nondiscriminating monopolist in Exhibit 9-12 is
A) $0e $\times$ 0f
B) $0c $\times$ 0g
C) $0d $\times$ 0f
D) $0b $\times$ 0f
E) $0d

Question

Exhibit 9-12 
-The total revenue for the nondiscriminating monopolist in Exhibit 9-12 is
A) $0e $\times$ 0f 
B) $0c $\times$ 0g 
C) $0d $\times$ 0f 
D) $0b $\times$ 0f 
E) $0d

Quizplus · Accepted Answer

The total revenue for a monopolist is calculated by multiplying the price charged per unit by the quantity sold. In this case, the price charged by the nondiscriminating monopolist is $10 and the quantity sold is 200 units. Therefore, the total revenue is $2,000 (10 x 200), which corresponds to answer choice C.

Exhibit 9-12 -The Total Revenue for the Nondiscriminating Monopolist ×\times×

Exhibit 9-12
-The Total Revenue for the Nondiscriminating Monopolist $\times$