The figure below shows the cost and revenue curves for a monopolist. If the monopolist chooses to produce 1,000 units and does not discriminate among its customers, its total profit will be _____.
Figure 9.6

A)$0
B)$104,000
C)$212,000
D)maximized
E)negative

Question

The figure below shows the cost and revenue curves for a monopolist. If the monopolist chooses to produce 1,000 units and does not discriminate among its customers, its total profit will be _____.​ ​
Figure 9.6
​

A)$0 
B)$104,000 
C)$212,000 
D)maximized 
E)negative

Quizplus · Accepted Answer

The Answer of The figure below shows the cost and revenue curves for a monopolist. If the monopolist chooses to produce 1,000 units and does not discriminate among its customers, its total profit will be _____.​ ​
Figure 9.6
​

A)$0 
B)$104,000 
C)$212,000 
D)maximized 
E)negative

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