-The monopoly represented in Figure 10-26 has constant marginal cost and no fixed costs.If the firm is a perfect price discriminator,economic profit will equal
A)the area PABP'
B)the area PACP'
C)the area TCQ**0
D)the area TCP'
E)zero

Question

-The monopoly represented in Figure 10-26 has constant marginal cost and no fixed costs.If the firm is a perfect price discriminator,economic profit will equal
A)the area PABP' 
B)the area PACP' 
C)the area TCQ**0 
D)the area TCP' 
E)zero

Quizplus · Accepted Answer

The Answer of 
-The monopoly represented in Figure 10-26 has constant marginal cost and no fixed costs.If the firm is a perfect price discriminator,economic profit will equal
A)the area PABP' 
B)the area PACP' 
C)the area TCQ**0 
D)the area TCP' 
E)zero

-The Monopoly Represented in Figure 10-26 Has Constant Marginal Cost