Multiple Choice

-The figure above shows the demand, marginal revenue and marginal cost curves for Paul's Parrot pillows, a single-price monopoly producer of pillows stuffed with parrot feathers. When Paul maximises his profit, the difference between marginal cost and price is
A) $0.
B) $20.
C) $60.
D) $40.
E) $30.
Correct Answer:
Verified
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