Figure 10-9 Figure 10-9 Shows the Demand and Cost Curves

question 278

Multiple Choice

Figure 10-9
Figure 10-9 shows the demand and cost curves for a monopolist.
-Refer to Figure 10-9.At the profit-maximizing quantity,what is the difference between the monopoly's price and the marginal cost of production?

• A) $8
• B) $11.50
• C) $21
• D) There is no difference.