1.  In the graph above, what letter shows the price that will be charged by the monopolist? A,B or C   2.  In the graph above, which area shows monopoly profits? CDFA          b.  BEFA          c. CDEB

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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1.  In the graph above, what letter shows the price that will be charged by the monopolist?

A,B or C

 

2.  In the graph above, which area shows monopoly profits?

  1. CDFA          b.  BEFA          c. CDEB
Price
($ per unit
output)
/MC
D
ATC
E
B
D=AR
A
(F
MR
Output
Transcribed Image Text:Price ($ per unit output) /MC D ATC E B D=AR A (F MR Output
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