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Graph 15-2 This Graph Reflects the Cost and Revenue Structure

Question 106

Multiple Choice

Graph 15-2
Graph 15-2 This graph reflects the cost and revenue structure for a monopoly firm. Use the graph to answer the following question(s) . -Refer to Graph 15-2. The number of consumers who did not buy the good despite a willingness-to-pay greater than marginal cost is given by: A) Q<sub>2</sub> - Q<sub>0</sub> B) Q<sub>3</sub> - Q<sub>1</sub> C) Q<sub>4</sub> - Q<sub>1</sub> D) Q<sub>4</sub> - Q<sub>2</sub> This graph reflects the cost and revenue structure for a monopoly firm. Use the graph to answer the following question(s) .
-Refer to Graph 15-2. The number of consumers who did not buy the good despite a willingness-to-pay greater than marginal cost is given by:


A) Q2 - Q0
B) Q3 - Q1
C) Q4 - Q1
D) Q4 - Q2

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