Figure 15-12

Figure 15-12 shows the cost and demand curves for a monopolist.
-Refer to Figure 15-12.Assume the firm maximizes its profits.What is the amount of the consumer surplus?
A)$21
B)$124
C)$186
D)$332

Question

Figure 15-12
  
Figure 15-12 shows the cost and demand curves for a monopolist.
-Refer to Figure 15-12.Assume the firm maximizes its profits.What is the amount of the consumer surplus?
A)$21 
B)$124 
C)$186 
D)$332

Quizplus · Accepted Answer

The Answer of Figure 15-12
  
Figure 15-12 shows the cost and demand curves for a monopolist.
-Refer to Figure 15-12.Assume the firm maximizes its profits.What is the amount of the consumer surplus?
A)$21 
B)$124 
C)$186 
D)$332

Figure 15-12 Figure 15-12 Shows the Cost and Demand Curves for a and Demand