The following table shows a monopolist’s demand curve and cost information for the production of its good. What is the firm's total revenue if they produce at the quantity that maximizes profit? Quantity Price per Unit Total Cost 10 $10 $20 20 $8 $50 30 $6 $70 40 $4 $90 50 $2 $120

Microeconomics: Private and Public Choice (MindTap Course List)
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Chapter11: Price-searcher Markets With High Entry Barriers
Section: Chapter Questions
Problem 15CQ
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The following table shows a monopolist’s demand curve and cost information for the production of its good. What is the firm's total revenue if they produce at the quantity that maximizes profit?

Quantity Price per Unit Total Cost
10 $10 $20
20 $8 $50
30 $6 $70
40 $4 $90
50 $2 $120
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