In This Diagram,D* Represents the Demand Curve Facing a Monopolist

question 141

Multiple Choice

In this diagram,D* represents the demand curve facing a monopolist and d** represents the demand curve facing a perfectly competitive firm.
-Refer to the diagram above.If both the perfectly competitive firm and the monopolist expand production from Q1 to Q2,their respective total revenues are represented by the areas __________ and __________.

• A) (A + B + C +
• E); (A + B + C +
• B) (A + B + C + D +
• E); (B +
• C) (C + D +
• E); (C +
• D) (A + B +
• E); (C + D +
• E) (A + B + C +
• E); (B +

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