问题 单项选择题

At an output quantity equal to 250, a monopoly firm faces a demand curve with a price (P) of $50, a marginal cost (MC) and marginal revenue (MR) equal to $10, and an average total cost (ATC) equal to $12. The economic profit for this monopoly firm is closest to:()

A. $12500.

B. $10000.

C. $9500.

答案

参考答案:C

解析:

Economic profit = Total revenue - total cost, where total revenue = PQ and total cost = ATC × Q. So, Economic profit = $ 9500 = $ 50 × 250 - $12 × 250.

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