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AP® Microeconomics

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Vertical Distance From Horizontal Axis

APMICR-ZZCMPL

When viewing a standard (non-discriminating) monopoly graph, one will observe that the vertical distance between the horizontal axis and any point on a demand curve measures

A

a firm’s quantity supplied and marginal revenue.

B

total revenue.

C

the quantity demanded.

D

product price and average revenue.

E

product price and marginal revenue.