Refer to the Graph Shown

question 192

Multiple Choice

Refer to the graph shown. If this graph represents a monopoly market, the equilibrium price and quantity will be:

• A)Q_d= 1,000 - 20P.
• B)Q_d= 1,000 - 50P.
• C)Q_d= 20 - 1,000P.
• D)Q_d= 50 - 1,000P.

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