(Figure: Monopolist Production) Based on the graph, if the marginal cost of production is constant at $20 per unit produced, then the monopolist will earn total revenue of

A) $400.
B) $800.
C) $1,200.
D) $200.

Question

(Figure: Monopolist Production) Based on the graph, if the marginal cost of production is constant at $20 per unit produced, then the monopolist will earn total revenue of

A) $400. 
B) $800. 
C) $1,200. 
D) $200.

Quizplus · Accepted Answer

The Answer of (Figure: Monopolist Production) Based on the graph, if the marginal cost of production is constant at $20 per unit produced, then the monopolist will earn total revenue of

A) $400. 
B) $800. 
C) $1,200. 
D) $200.

(Figure: Monopolist Production) Based on the Graph, If the Marginal