Use the following to answer questions:
Figure: Monopolist
-(Figure: Monopolist) Refer to the figure. Based on the demand curves for a monopolist's product in two different markets-Market A and Market B-through the process of price discrimination, how much profit is the monopolist making in Market B?
A) $260
B) $780
C) $1,040
D) $520

Question

Use the following to answer questions:
Figure: Monopolist 
-(Figure: Monopolist) Refer to the figure. Based on the demand curves for a monopolist's product in two different markets-Market A and Market B-through the process of price discrimination, how much profit is the monopolist making in Market B?
A) $260 
B) $780 
C) $1,040 
D) $520

Quizplus · Accepted Answer

The Answer is D

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