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Exhibit 8-8  Profit Maximizing for a Monopolist as Shown in Exhibit

Question 90

Multiple Choice

Exhibit 8-8  Profit maximizing for a monopolist Exhibit 8-8  Profit maximizing for a monopolist As shown in Exhibit 8-8, if the monopolist produces the profit-maximizing output, total revenue is the rectangular area: A) OQAP<sub>1</sub>. B) OQ<sub>2</sub>BP<sub>2</sub>. C) OQ<sub>3</sub>CP<sub>3</sub>. D) OQ<sub>2</sub>DP<sub>4</sub>. As shown in Exhibit 8-8, if the monopolist produces the profit-maximizing output, total revenue is the rectangular area:


A) OQAP1.
B) OQ2BP2.
C) OQ3CP3.
D) OQ2DP4.

Correct Answer:

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