Refer to the graph. At its equilibrium level of output, this monopolist earns
A)positive economic profits.
B)negative economic profits.
C)zero economic profits.
D)zero revenues.

Question

Refer to the graph. At its equilibrium level of output, this monopolist earns
A)positive economic profits. 
B)negative economic profits. 
C)zero economic profits. 
D)zero revenues.

Quizplus · Accepted Answer

The Answer of  Refer to the graph. At its equilibrium level of output, this monopolist earns
A)positive economic profits. 
B)negative economic profits. 
C)zero economic profits. 
D)zero revenues.

Refer to the Graph