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

question 107

Multiple Choice

The figure below shows the cost and revenue curves for a monopolist that does not practice price discrimination. The consumer surplus at the profit-maximizing level of output is:​ ​
Figure 9.6

The figure below shows the cost and revenue curves for a monopolist that does not practice price discrimination. The consumer surplus at the profit-maximizing level of output is:​ ​ Figure 9.6 ​   A) represented by the area under the demand curve and above the price line corresponding to $136. B) represented by the area under the demand curve and above the line corresponding to an average total cost of $110. C) represented by the area under the marginal revenue curve and the line corresponding to a marginal revenue of $60. D) $0. E) equal to total consumer expenditure.


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