-For the monopoly shown in the figure above, the markup is
A) zero.
B) $1.
C) $2.
D) $4.

Name: -For the monopoly shown in the figure above, the markup is A) zero. B) $1. C) $2. D) $4.
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Question

-For the monopoly shown in the figure above, the markup is
A) zero. 
B) $1. 
C) $2. 
D) $4.

Quizplus · Accepted Answer

In a monopoly, the markup is the difference between the price the monopolist charges and the marginal cost. The figure likely shows this difference as $2.

-For the Monopoly Shown in the Figure Above, the Markup