The Figure Below Shows the Cost and Revenue Curves for a Monopolist

question 38

Multiple Choice

The figure below shows the cost and revenue curves for a monopolist. If the monopolist does not price discriminate among its customers, the total amount consumers will spend on its profit-maximizing output is _____.​ ​
Figure 9.6
​

• A)$95,200
• B)$84,000
• C)$79,000
• D)$53,200
• E)$42,000

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Definitions:

Stonewall Riots

A series of spontaneous demonstrations in 1969 by members of the gay community in response to a police raid at the Stonewall Inn in New York City, marking a critical turning point in the LGBT rights movement.

Gay Rights

The civil rights, protections, and legal recognition pushed for and afforded to individuals who identify as homosexual, aimed at ensuring equality.

Civil Rights Act of 1964

A landmark U.S. federal law that outlawed discrimination based on race, color, religion, sex, or national origin, primarily focusing on voter registration requirements and racial segregation.

Equal Rights Amendment

A suggested change to the U.S. Constitution designed to ensure that all American citizens have equal legal rights, irrespective of their gender.