-Figure 10-12 Shows the Cost and Demand Curves Facing a Monopolist

question 37

Multiple Choice

-Figure 10-12 shows the cost and demand curves facing a monopolist whose marginal cost is constant.The firm has no fixed costs.If the firm charges a single price,economic profit will equal the area

• A)TABP'
• B)TCP'
• C)PAQ*0
• D)PACP'
• E)PABP'

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