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Price Marginal Cost $20 15 10 - Demand 100 1501 200 Quantity Marginal Revenue 57. Refer to the above figure. What is the loss of
Price Marginal Cost $20 15 10 - Demand 100 1501 200 Quantity Marginal Revenue 57. Refer to the above figure. What is the loss of consumer surplus caused by a profit-maximizing monopoly? $100 b. $125 a. $200 d. $625 C.Price Marginal Cost $20 10 - X Demand 100 200 Quantity Marginal Revenue 62. Refer to the above figure. To maximize its profit, which outcome would a monopolist choose? a. 100 units of output and a price of $10 per unit b. 100 units of output and a price of $20 per unit C. 150 units of output and a price of $15 per unit d. 200 units of output and a price of $10 per unitP ATC Markup QC 67. Refer to the above figure, which represents a monopolistically competitive firm. What does the distance between Q** and QC represent? 3. excess capacity b. profit-maximizing output C. inefficient d. efficient scale output output
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