The following figure depicts a generalized downward-sloping market demand (D)curve for a product.It also shows the firm's relevant marginal revenue (MR)curve and marginal cost (MC)curve.Use this figure to answer the following questions:

-For a monopoly that charges a single price of $6,what would the producer surplus be?
A) $160
B) $120
C) $80
D) $40
E) $0

Question

The following figure depicts a generalized downward-sloping market demand (D)curve for a product.It also shows the firm's relevant marginal revenue (MR)curve and marginal cost (MC)curve.Use this figure to answer the following questions:
 
-For a monopoly that charges a single price of $6,what would the producer surplus be?
A) $160 
B) $120 
C) $80 
D) $40 
E) $0

Quizplus · Accepted Answer

The Answer of The following figure depicts a generalized downward-sloping market demand (D)curve for a product.It also shows the firm's relevant marginal revenue (MR)curve and marginal cost (MC)curve.Use this figure to answer the following questions:
 
-For a monopoly that charges a single price of $6,what would the producer surplus be?
A) $160 
B) $120 
C) $80 
D) $40 
E) $0

The Following Figure Depicts a Generalized Downward-Sloping Market Demand (D)curve