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Question 74 (1 point) Figure 15-8 The figure depicts the demand, marginal-revenue, and marginal-cost curves of a profit-maximizing monopolist. Price $40 - 30 20 -
Question 74 (1 point) Figure 15-8 The figure depicts the demand, marginal-revenue, and marginal-cost curves of a profit-maximizing monopolist. Price $40 - 30 20 - Marginal Cost Demand 10 Marginal Revenue 100 200 300 400 Quantity Refer to the figure. What is the monopoly profit with perfect price discrimination? $1000 OO $2000 O $4000 $500Question 75 (1 point) Figure 14-11 In the figure, panel (a) depicts the linear marginal cost of a firm in a competitive market and panel (b) depicts the linear market supply curve for a market with a fixed number of identical firms. (a) (b) Price Supply FOH s D e L i i . i 100 200 Quantity 0, 0, Quantity Refer to the figure. When 100 identical firms participate in this market, at what price will 15 000 units be supplied to this market? /_\\' () s2.00
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