The graph shown represents the cost and revenue curves faced by a monopoly. What profit is the monopolist earning?
A)(P3 − P0)× Q1
B)(P3− P1)× Q1
C)(P1− P0)× Q1
D)(P3− P0)/ Q1

Question

The graph shown represents the cost and revenue curves faced by a monopoly.  What profit is the monopolist earning?
A)(P3 − P0)× Q1 
B)(P3− P1)× Q1 
C)(P1− P0)× Q1 
D)(P3− P0)/ Q1

Quizplus · Accepted Answer

The Answer of The graph shown represents the cost and revenue curves faced by a monopoly.  What profit is the monopolist earning?
A)(P3 − P0)× Q1 
B)(P3− P1)× Q1 
C)(P1− P0)× Q1 
D)(P3− P0)/ Q1

The Graph Shown Represents the Cost and Revenue Curves Faced