Refer to the Graph Shown

question 53

Multiple Choice

Refer to the graph shown. If the monopoly firm maximizes profit, consumers will pay:

• A) $2.00 per unit and consumer surplus will be 45.
• B) $2.50 per unit and consumer surplus will be 18.75.
• C) $3.50 per unit and consumer surplus will be 11.25.
• D) $3.50 per unit and consumer surplus will be 22.5.

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