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Exhibit 25-40 ​

Question 84

Multiple Choice

Exhibit 25-40
​
Exhibit 25-40 ​ -Refer to Exhibit 25-4. What is the total revenue of the profit-maximizing natural monopoly? A) P<sub>1</sub> x Q<sub>1</sub>. B) P<sub>2</sub> x Q<sub>3</sub>. C) P<sub>5</sub> x Q<sub>1</sub>. D) P<sub>2</sub> x Q<sub>2</sub>. E) P<sub>3</sub> x Q<sub>3</sub>.
-Refer to Exhibit 25-4. What is the total revenue of the profit-maximizing natural monopoly?


A) P1 x Q1.
B) P2 x Q3.
C) P5 x Q1.
D) P2 x Q2.
E) P3 x Q3.

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