-Refer to the graph above.At the point of profit maximization,the monopolist earns
A) a profit of $38.50.
B) a loss of $11.20.
C) a profit of $11.20.
D) a loss of $38.50.
E) a loss of $61.25.

Question

-Refer to the graph above.At the point of profit maximization,the monopolist earns
A) a profit of $38.50. 
B) a loss of $11.20. 
C) a profit of $11.20. 
D) a loss of $38.50. 
E) a loss of $61.25.

Quizplus · Accepted Answer

The Answer of 
-Refer to the graph above.At the point of profit maximization,the monopolist earns
A) a profit of $38.50. 
B) a loss of $11.20. 
C) a profit of $11.20. 
D) a loss of $38.50. 
E) a loss of $61.25.

-Refer to the Graph Above