Economics 9708 · AS & A Level · 7.5

7.5 — practice question

A monopolist switches its aim from maximising sales revenue to maximising profit. On the diagram, which areas show the monopolist’s total profit?

  • Aoriginal profit: HKLG; final profit: P1HKP2
  • Boriginal profit: JKLG; final profit: P1HGF
  • Coriginal profit: P2JGF; final profit: P1HJP2
  • Doriginal profit: P2KLF; final profit: P1HGF

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI