If the monopolist's fixed cost is $25, the monopoly's total costs when maximizing profit is:

Alright. So right here to my left, we've got the next question. If the monopolist fixed cost is $25, the monopoly's total cost when maximizing profit is. Okay. So they've got fixed cost of $25, but then they're also gonna have the variable cost. Right? The cost per unit and as we see on the graph, they have a constant marginal cost, right? That marginal cost is constant at $2 So if they wanna sell 1 more unit, it's gonna cost them 2 more dollars, 1 more unit, 2 more dollars, right? So they have the fixed cost of 25 plus these marginal of $2 per unit and it's asking us for the monopoly's total cost when maximizing profit, right? Total cost. So our total cost is gonna be the $25 right? We've got the 25 in fixed cost, but what about, in those variable costs per ticket? Well, we've got, $2 per ticket and we sell 30 tickets, right? We saw that the the profit maximizing quantity is right here at 30 tickets where marginal revenue equals marginal cost. So if we sell 30 tickets and each one cost us $2, right? $2 in marginal cost, well that's gonna be 60. Right? So if we take the 25 plus the 60 in the variable cost, 25 from the fixed fixed cost, we're gonna get $85 in total cost, right? So that's gonna be our answer here. C, $85 in total cost, right? We take that fixed cost and we find the variable cost per unit was the $2 Cool? Alright, let's go on to the next one.

If the monopolist's fixed cost is $25, the monopoly's total costs...

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If the monopolist's fixed cost is $25, the monopoly's total costs when maximizing profit is: