The following figure shows the marginal cost [MC],marginal revenue [FH] and demand [FG] curves for a monopolist who faces constant costs.
Figure 15-1
-Refer to Figure 15-1.Given that P₁= $100,P₂ = $50,Q₂= 2,000 units,and Q₁=1,000 units,what is the deadweight loss of a monopoly?

Question

The following figure shows the marginal cost [MC],marginal revenue [FH] and demand [FG] curves for a monopolist who faces constant costs.
Figure 15-1

-Refer to Figure 15-1.Given that P₁= $100,P₂ = $50,Q₂= 2,000 units,and Q₁=1,000 units,what is the deadweight loss of a monopoly?

Quizplus · Accepted Answer

The Answer of The following figure shows the marginal cost [MC],marginal revenue [FH] and demand [FG] curves for a monopolist who faces constant costs. Figure 15-1 -Refer to Figure 15-1.Given that P₁= $100,P₂ = $50,Q₂= 2,000 units,and Q₁=1,000 units,what is the deadweight loss of a monopoly? A)$10,000 B)$2,000 C)$50,000 D)$25,000

The Following Figure Shows the Marginal Cost [MC],marginal Revenue [FH]