Question: D Question 2 6 pts A B D MC C E F MR Demand Georgy's Wells has a monopoly over the supply of water to

D Question 2 6 pts A B D MC C E

D Question 2 6 pts A B D MC C E F MR Demand Georgy's Wells has a monopoly over the supply of water to the small town of Alphaville. Inverse demand for water in Alphaville is given by the equation, P = 48 Q 2000 The cost of supplying water is, 02 TC = 2000 The demand, marginal revenue and marginal cost curves for Georgy's Wells are illustrated in the figure above (not drawn to scale). 20 DIL DD F3 FG F7 ER F10 & 4 5 6 8 O E R Y U O P

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