Exhibit 24-4 Total Total Quantity Fixed Variable Total Price Demanded Cost Cost Marginal Marginal Revenue Total Cost Revenue Cost $50 0 $8 $0 (c) (H) 45 45 1 8 20 20 (D) (1) (L) (R) 40 40 2 (A) 30 (E) (r) (M) 35 3 8 55 105 63 ΣΞ (S) 30 4 8 (B) (F) 93 (P) 25 LO 5 8 125 (G) (K) (Q) (V) (n) (N) (T) Refer to Exhibit 24-4. The profit-maximizing single-price monopolist's maximum profit is $22. $42. $82. $130. $140.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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eco

Exhibit 24-4
Total
Total
Quantity
Fixed
Variable Total
Price Demanded Cost
Cost
Marginal Marginal
Revenue Total Cost Revenue Cost
$50
0
$8
$0
(c)
(H)
45
45
1
8
20
20
(D)
(1)
(L)
(R)
40
40
2
(A)
30
(E)
(r)
(M)
35
3
8
55
105
63
ΣΞ
(S)
30
4
8
(B)
(F)
93
(P)
25
LO
5
8
125
(G)
(K)
(Q)
(V)
(n)
(N)
(T)
Refer to Exhibit 24-4. The profit-maximizing single-price monopolist's maximum profit
is
$22.
$42.
$82.
$130.
$140.
Transcribed Image Text:Exhibit 24-4 Total Total Quantity Fixed Variable Total Price Demanded Cost Cost Marginal Marginal Revenue Total Cost Revenue Cost $50 0 $8 $0 (c) (H) 45 45 1 8 20 20 (D) (1) (L) (R) 40 40 2 (A) 30 (E) (r) (M) 35 3 8 55 105 63 ΣΞ (S) 30 4 8 (B) (F) 93 (P) 25 LO 5 8 125 (G) (K) (Q) (V) (n) (N) (T) Refer to Exhibit 24-4. The profit-maximizing single-price monopolist's maximum profit is $22. $42. $82. $130. $140.
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