The following figure shows the downward sloping demand and marginal revenue [MR] curves of a monopolist.The MR curve intersects the marginal cost [MC] curve at point B.MC is constant at the price level P₁.
Figure 12-1
-Refer to Figure 12-1.If the monopolist cannot price discriminate,deadweight loss will be equal to:

Question

The following figure shows the downward sloping demand and marginal revenue [MR] curves of a monopolist.The MR curve intersects the marginal cost [MC] curve at point B.MC is constant at the price level P₁.
Figure 12-1

-Refer to Figure 12-1.If the monopolist cannot price discriminate,deadweight loss will be equal to:

Quizplus · Accepted Answer

The Answer is C

The Following Figure Shows the Downward Sloping Demand and Marginal