The following table shows the demand curve and cost information for a firm that is a monopoly.

If they maximize their profits, what will their revenue equal?
A) $16,000
B) $32,000
C) $54,000
D) $56,000

Question

The following table shows the demand curve and cost information for a firm that is a monopoly.

If they maximize their profits, what will their revenue equal?
A) $16,000 
B) $32,000 
C) $54,000 
D) $56,000

Quizplus · Accepted Answer

The Answer of The following table shows the demand curve and cost information for a firm that is a monopoly.

If they maximize their profits, what will their revenue equal?
A) $16,000 
B) $32,000 
C) $54,000 
D) $56,000

The Following Table Shows the Demand Curve and Cost Information