Consider the following diagram of a monopoly.
Assuming that the monopoly is at its profit-maximising point, identify the values of its marginal revenue, marginal cost, average revenue and price.

Question

Consider the following diagram of a monopoly.
  Assuming that the monopoly is at its profit-maximising point, identify the values of its marginal revenue, marginal cost, average revenue and price.

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The Answer of Consider the following diagram of a monopoly.
  Assuming that the monopoly is at its profit-maximising point, identify the values of its marginal revenue, marginal cost, average revenue and price.

Consider the Following Diagram of a Monopoly