The graph shows the marginal cost of a ride and the demand for rides. The resort

Question

The graph shows the marginal cost of a ride and the demand for rides. The resort is a single- Price monopoly. The number of rides given by the single Price monopoly The number of rides given by the single Price monopoly the efficient quantity because A. is not, marginal benefits from the last ride taken exceeds the marginal cost of the last ride taken. b. is not marginal benefit from the last ride taken equals the marginal costs of the last ride taken is not; marginal revenue from the last ride taken equal the marginal cost of the last ride taken is not; marginal revenue from the last ride taken equal than the marginal cost of the last ride taken is marginal benefits from the last ride taken exceeds the marginal cost of the last ride taken

Explanation / Answer

A. is n't , Marginal benefit from last ride taken exceeds the marginal cost for last ride.

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