The following figure shows the revenue curves of a monopolist: Figure 10.6 D: Average revenue
MR: Marginal revenue
Refer to Figure 10.6.Assume that marginal costs are constant at $2, 500 and fixed costs are zero.Under a monopoly, consumer surplus would be:

Question

The following figure shows the revenue curves of a monopolist: Figure 10.6  D: Average revenue
MR: Marginal revenue
Refer to Figure 10.6.Assume that marginal costs are constant at $2, 500 and fixed costs are zero.Under a monopoly, consumer surplus would be:

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The Answer of The following figure shows the revenue curves of a monopolist: Figure 10.6  D: Average revenue
MR: Marginal revenue
Refer to Figure 10.6.Assume that marginal costs are constant at $2, 500 and fixed costs are zero.Under a monopoly, consumer surplus would be:

The Following Figure Shows the Revenue Curves of a Monopolist