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A-LevelEconomicsThe price system and the microeconomy9708/32 · Feb/Mar 2018 · Q81 Mark

The diagram shows the cost and revenue curves of a monopolist whose only cost of production is a fixed cost. What will be the monopolist's profit maximising price? [Figure 8.1] A B B D C C D A

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Mark scheme

Marking points from the official mark scheme (Feb/Mar 2018). The mark or mark type is shown in brackets.

[1] D

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About this question

Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Feb/Mar 2018 Paper 3 Variant 2, question 8.

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