-Figure 10-12 shows the cost and demand curves facing a monopolist whose marginal cost is constant.The firm has no fixed costs.If the firm charges a single price,economic profit will equal the area
A)TABP'
B)TCP'
C)PAQ*0
D)PACP'
E)PABP'

Question

-Figure 10-12 shows the cost and demand curves facing a monopolist whose marginal cost is constant.The firm has no fixed costs.If the firm charges a single price,economic profit will equal the area
A)TABP' 
B)TCP' 
C)PAQ*0 
D)PACP' 
E)PABP'

Quizplus · Accepted Answer

The Answer of 
-Figure 10-12 shows the cost and demand curves facing a monopolist whose marginal cost is constant.The firm has no fixed costs.If the firm charges a single price,economic profit will equal the area
A)TABP' 
B)TCP' 
C)PAQ*0 
D)PACP' 
E)PABP'

-Figure 10-12 Shows the Cost and Demand Curves Facing a Monopolist