Figure 5.2 Cost and Demand Conditions of a Monopolist

-Refer to Figure 5.2. At the profit-maximizing output, the monopolist's total revenue equals
A) $1,600
B) $1,900
C) $2,450
D) $3,150

Question

Figure 5.2 Cost and Demand Conditions of a Monopolist
 
-Refer to Figure 5.2. At the profit-maximizing output, the monopolist's total revenue equals
A) $1,600 
B) $1,900 
C) $2,450 
D) $3,150

Quizplus · Accepted Answer

The Answer of Figure 5.2 Cost and Demand Conditions of a Monopolist
 
-Refer to Figure 5.2. At the profit-maximizing output, the monopolist's total revenue equals
A) $1,600 
B) $1,900 
C) $2,450 
D) $3,150

Figure 52 Cost and Demand Conditions of a Monopolist