In Class Exercise 8

Look carefully at thediagram below for a monopoly

1.Identify curves A, B, C, and D.

2.Identify the profit maximising output for this monopoly.

3.Explain how it makes it profit maximising price at this output

in class ex 8 - Saved to this PC References Mailings Review View Help Search - A" A Aa- Ap A [A AaBbCcDd AaBbCcDd AaBbC( AaBbCct AaB AaBbCCD x A - L- A- A 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Font Paragraph Styles Cost and Revenue($) Curve C Curve D Po Curve A Curve B Quantity