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The Figure Given Below Shows the Cost and Revenue Curves

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The figure given below shows the cost and revenue curves of a monopolist. Figure 10.9 The figure given below shows the cost and revenue curves of a monopolist. Figure 10.9   D: Average revenue MR: Marginal revenue ATC: Average total cost MC: Marginal cost -Refer to Figure 10.9.Suppose that the market is perfectly competitive.The consumer surplus would be represented by the area _____. A) JNM B) 0JNV C) HMQ D) 0HQX E) JHQN D: Average revenue
MR: Marginal revenue
ATC: Average total cost
MC: Marginal cost
-Refer to Figure 10.9.Suppose that the market is perfectly competitive.The consumer surplus would be represented by the area _____.


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