The following figure shows the marginal cost,average cost,marginal revenue,and the demand curve for a profit-maximizing monopolist.
Refer to Figure 11-4.What is the firm's economic profit?
A)$360
B)$540
C)$630
D)$900

Question

The following figure shows the marginal cost,average cost,marginal revenue,and the demand curve for a profit-maximizing monopolist. 
Refer to Figure 11-4.What is the firm's economic profit?
A)$360 
B)$540 
C)$630 
D)$900

Quizplus · Accepted Answer

The Answer of The following figure shows the marginal cost,average cost,marginal revenue,and the demand curve for a profit-maximizing monopolist. 
Refer to Figure 11-4.What is the firm's economic profit?
A)$360 
B)$540 
C)$630 
D)$900

The Following Figure Shows the Marginal Cost,average Cost,marginal Revenue,and the Demand