The Following Graph Gives Cost and Revenue Data for a Monopolist

question 115

Multiple Choice

The following graph gives cost and revenue data for a monopolist:

-Refer to the above graph to answer this question.If the monopolist is unregulated,what will be the level of its maximum total revenue?

• A)$80.
• B)$700.
• C)$1,400.
• D)$3,150.
• E)$3,200.

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Definitions:

Bushings

Mechanical components used to reduce friction between rotating shafts and stationary support members, often serving as a replaceable lining.

Metric Thread

A standardized thread type used internationally, characterized by its metric dimensions, commonly used in bolts, screws, and nuts.

Internal Thread

The spiral grooves cut inside a hole intended to engage with an external thread, such as on a bolt, allowing for parts to be screwed together.

Plain Bearings

Bearings that operate through sliding motion between the moving surfaces, without rollers or balls, used for simpler mechanisms.