The figure below shows the cost and revenue curves for a non-discriminating monopolist. The total revenue earned by the profit-maximizing monopolist at the profit-maximizing output is:
Figure 9.2

A)$16,200.
B)$36,000.
C)$39,600.
D)$30,800.
E)$31,000.

Question

The figure below shows the cost and revenue curves for a non-discriminating monopolist. The total revenue earned by the profit-maximizing monopolist at the profit-maximizing output is:​ ​
Figure 9.2
​

A)$16,200. 
B)$36,000. 
C)$39,600. 
D)$30,800. 
E)$31,000.

Quizplus · Accepted Answer

The Answer of The figure below shows the cost and revenue curves for a non-discriminating monopolist. The total revenue earned by the profit-maximizing monopolist at the profit-maximizing output is:​ ​
Figure 9.2
​

A)$16,200. 
B)$36,000. 
C)$39,600. 
D)$30,800. 
E)$31,000.

The Figure Below Shows the Cost and Revenue Curves for a Non-Discriminating