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Based on the Graph Above,what Is the Difference Between the Purely

Question 76

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Based on the graph above,what is the difference between the purely competitive equilibrium level of output and the pure monopolist equilibrium level of output? A) 5 B) 20 C) 70 D) 90 The purely competitive equilibrium output occurs where the demand curve crosses the MC curve,that is,110 units.The monopoly equilibrium output occurs where MC = MR,that is,90 units.The difference is 20 units. Based on the graph above,what is the difference between the purely competitive equilibrium level of output and the pure monopolist equilibrium level of output?


A) 5
B) 20
C) 70
D) 90
The purely competitive equilibrium output occurs where the demand curve crosses the MC curve,that is,110 units.The monopoly equilibrium output occurs where MC = MR,that is,90 units.The difference is 20 units.

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