Figure 10.2 -The Marginal Cost of a Monopolist Is Constant and Is

question 75

Multiple Choice

Figure 10.2
-The marginal cost of a monopolist is constant and is $10. The demand curve and marginal revenue curves are given as follows:
Demand: Q = 100 - P
Marginal revenue: MR = 100 - 2Q
The deadweight loss from monopoly power is ________.

• A) $1000.00
• B) $1012.50
• C) $1025.00
• D) $1037.50
• E) none of the above

---

Definitions:

Mediastinum

The central compartment of the thoracic cavity between the lungs, containing the heart, trachea, esophagus, and other structures.

Thoracic Cavity

The part of the body enclosed by the ribs, home to organs such as the heart and lungs.

Diaphragm

A large, dome-shaped muscle located below the lungs that plays a key role in breathing.

Aspiration

The act of drawing in or out using a sucking motion, often refers to the medical procedure of removing substances from the body.