The Following Figure Shows the Marginal Revenue Curve [MR],the Demand

question 68

Multiple Choice

The following figure shows the marginal revenue curve [MR],the demand curve,and the marginal cost curve [MC] for a monopolist with constant costs.
Figure 15-2
-Based on Figure 15-2,it can be concluded that the change in consumer surplus due to the shift from perfect competition to monopoly is _____.

• A)$150
• B)-$300
• C)-$450
• D)$600

---

Definitions:

Expensive Gifts

High-cost items given as presents, often symbolizing appreciation, love, or commitment.

Dating Violence

A form of intimate partner violence that occurs between individuals in a dating relationship, involving physical, emotional, or sexual abuse.

Familiar Situations

Contexts or environments that individuals recognize and have prior knowledge or experience with.

Arranged Marriages

Marriages where the spouses are selected by a third party rather than by each other, commonly practiced in certain cultures and communities.