Figure 7.4
-Suppose that Figure 7.4 shows a monopolistʹs demand curve, marginal revenue, and its costs. At the profit maximizing output level, the monopolistʹs profit would be:
A)$730.
B)$570.
C)$320.
D)$150.

Question

Figure 7.4
-Suppose that Figure 7.4 shows a monopolistʹs demand curve, marginal revenue, and its costs. At the profit maximizing output level, the monopolistʹs profit would be:
A)$730. 
B)$570. 
C)$320. 
D)$150.

Quizplus · Accepted Answer

The Answer of  Figure 7.4
-Suppose that Figure 7.4 shows a monopolistʹs demand curve, marginal revenue, and its costs. At the profit maximizing output level, the monopolistʹs profit would be:
A)$730. 
B)$570. 
C)$320. 
D)$150.

Figure 7.4 -Suppose That Figure 7.4 Shows a Monopolistʹs Demand Curve, Marginal