Note AcademyNote Academy
Start

Economics (AS & A Level) · Oct / Nov 2022 · Paper 32 · Question 9

9708Different market structures

The diagram shows a decrease in demand for the product of a profit maximising monopolist. Which area shows the change in the monopolist's supernormal profit as a consequence of this decrease in demand?

  1. AIHGK
  2. BJMLK
  3. CIHGLMJ
  4. DIHFEMJ

As printed in the paper

Show the answer

Correct answer: C. IHGLMJ

Sit this whole paper →More on Different market structures

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.