Im pretty sure that it would be 600%. If it was 600% that would be 600 over 100 which would be 6
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
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Answer:
The right answer is a.
Step-by-step explanation:
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Download Photomath and there
Answer: $14.75
I just did $0.75 x 7 = $5.25 and subtracted that from $20. Lmk if this helps or if my answer was incorrect!