Working your way through market models? This handout asks students to practice graphing the demand curve and marginal revenue curve for a pure monopoly and to use their graph to formally answer questions about profit-maximizing production levels, price points, per-unit profit, and total profit. (The marginal cost and average total cost curves are already provided on the graph.)
This purchase is a one-stop shop! It comes with a 4-page student handout (3 pages of questions and 1 graphing page), a KEY for the graph, and a completed KEY for the questions.
This handout is intended for students in either AP Microeconomics or regular Microeconomics. It is also assumed that students have a working understanding of demand, marginal revenue, profit, and other applicable terms for a pure monopoly.