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

A)$16,500.
B)$24,200.
C)$16,200.
D)$19,800.
E)$30,800.

Question

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

A)$16,500. 
B)$24,200. 
C)$16,200. 
D)$19,800. 
E)$30,800.

Quizplus · Accepted Answer

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

A)$16,500. 
B)$24,200. 
C)$16,200. 
D)$19,800. 
E)$30,800.

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