Suppose a Monopolist Faces the Demand Curve and Cost Curves

question 34

Multiple Choice

Suppose a monopolist faces the demand curve and cost curves shown below.
FIGURE 10-5
-Refer to Figure 10-5. If this single-price monopolist is producing at the profit-maximizing level of output, consumer surplus is represented by the area

• A) P5P2b.
• B) P5P4a.
• C) P5P0g.
• D) P5P1e.
• E) P5Q30.

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