As you progress through the tutorial, the question sequences will become available. You must complete all the question sequences to receive credit for this tutorial.
Tutorial
Econ Tutorial
Monopoly
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Question 1 of 2
Questions
2
7
Question
Given the information above for a monopoly, what is the total revenue at a price of $7?
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Question
Given the information above for a monopoly, what is the marginal revenue when the price falls from $7 to $6?
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Question 1 of 1
Questions
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9
Question
Which of the graphs above shows the correct area of profit for this profit-maximizing monopoly firm?