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leonid [27]
1 year ago
7

These graphs depict the price and output levels of apples under perfect competition and monopoly market structures. what is the

extra amount that mary would pay for apples under a monopoly instead of a perfect competition? a. $2 b. $3 c. $4 d. $5 e. $6
Mathematics
1 answer:
Ksivusya [100]1 year ago
6 0

The extra amount that Mary would pay for apples under a monopoly instead of perfect competition is B. $3

<h3>Calculations and Parameters:</h3>

From the complete information,

There are images of the prices that can be gotten under a monopoly and the ones that can be gotten in a perfect competition by Mary.

The marginal cost which is graphed against the pound of apples and the price shows Mary would pay $15 and the marginal revenue shows that Mary would pay $12.

Hence, the difference between them, which is the extra amount to be paid would be $15-$12

=$3

Read more about perfect competition here:

brainly.com/question/3914700

#SPJ4

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