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AP® Microeconomics

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Moderate

Monopoly: Maximum Total Revenue

APMICR-3PSROJ

The graph below represents a non-discriminating monopoly.

Jane Schaefer. Created for Albert.io. Copyright 2016. All rights reserved.

Based on the graph above, at which price would this firm maximize its total revenue?

A

P1

B

P2

C

P3

D

P4

E

P5