Figure 10-4
Figure 10-4 shows the demand and cost curves for a monopolist.
-Refer to Figure 10-4.What is the amount of the monopoly's profit?
A) $2,700
B) $4,200
C) $10,400
D) $12,600

Question

Figure 10-4
  Figure 10-4 shows the demand and cost curves for a monopolist.
-Refer to Figure 10-4.What is the amount of the monopoly's profit?
A) $2,700 
B) $4,200 
C) $10,400 
D) $12,600

Quizplus · Accepted Answer

The monopoly's profit is calculated by subtracting total costs from total revenue. The correct choice is $2,700, which is likely derived from the given data in Figure 10-4.

Figure 10-4 Figure 10-4 Shows the Demand and Cost Curves