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Figure 15-4 Shows the Demand and Cost Curves for a Monopolist

Question 26

Multiple Choice

Figure 15-4 shows the demand and cost curves for a monopolist.
-Refer to Figure 15-4. What is the amount of the monopoly's total cost of production?

A) $21,600
B) $17,700
C) $9,340
D) $7,800

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