MC Price 华10 ATC $9 $8 每6 华4 $3 MR Quantity 10 20 30 40 60 時

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question

Monopoly Market

MC - Marginal Cost

MR - Marginal Revenue

D - Demand

ATC - Average Total Cost



Refer to the figure above. If this monopolist is producing the profit-maximizing quantity and selling it at the profit-maximizing price, the firm's  profit will be:
   
$5
   
$20
   
$40
   
$60
 

 

2.5 points   

MC
Price
4 10
ATC
$8
每6
华4
$ 3
MR
Quantity
10
20
30
40
Transcribed Image Text:MC Price 4 10 ATC $8 每6 华4 $ 3 MR Quantity 10 20 30 40
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