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Question: The figure below shows the cost and revenue curves for a monopolist that does not practice price discrimination. The consumer surplus at...

Question:4. The figure below shows the cost and revenue curves for a monopolist that does not practice price discrimination. The consumer surplus at the profit-maximizing level of output is:

figure 9.6 in attachment

a. ​$0.

b. ​represented by the area under the demand curve and above the line corresponding to an average total cost of $110.

c. ​equal to total consumer expenditure.

d. ​represented by the area under the demand curve and above the price line corresponding to $136.

e. ​represented by the area under the marginal revenue curve and the line corresponding to a marginal revenue of $60.

6.The figure below shows the cost and revenue curves faced by a profit-maximizing monopolist. If the monopolist engages in perfect price discrimination, its profit-maximizing output will be _____.

figure 9.7 in attachment

a. ​884 units

b. ​976 units

c. ​700 units

d. ​810 units

e. ​1,000 units

8. The figure below shows the total cost and total revenue curves for a monopolist. The profit-maximizing price charged by the monopolist is:

figure 9.3 in attachment

a. ​$80.

b. ​$20.

c. ​$40.

d. ​$23.33.

e. ​$70.

9. The figure below shows the cost and revenue curves faced by a profit-maximizing monopolist. If the monopolist engages in perfect price discrimination, the price of the monopolist's good will be:

figure 9.8 in attach.

a. ​$120 for all units.

b. ​$104 for all units.

c. ​$136 for all units.

d. ​$120 for the 884th unit.

e. ​$212 for the 884th unit.

11.The figure below shows the cost and revenue curves faced by a monopolist. The profit-maximizing output and price for the monopolist are:

figure 9.1

a. ​117 units and $14, respectively.

b. ​117 units and $22, respectively.

c. ​117 units and $24, respectively.

d. ​150 units and $14, respectively.

e. ​150 units and $22, respectively.

16.The figure below shows the cost and revenue curves for a monopolist. If the monopolist does not price discriminate among its customers, the total amount consumers will spend on its profit-maximizing output is _____.

figure 9.2

a. ​$42,000

b. ​$79,000

c. ​$84,000

d. ​$95,200

e. ​$53,200

30.The true deadweight loss created by a monopolist that does not practice discrimination is most likely to be less than the loss indicated by the shaded area in the figure below, when:

figure 9.11

a. ​the monopolist advertises more to maintain its position.

b. ​the monopolist engages in rent seeking.

c. ​the monopolist faces diminishing marginal returns.

d. ​the monopolist charges lower prices to discourage competition.

e. ​the monopolist experiences diseconomies of scale.

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