Use the Figure Below to Answer the Following Questions

question 19

Multiple Choice

Use the figure below to answer the following questions. Figure 12.4.6
-Prime Pharmaceuticals has developed a new asthma inhaler,for which it has a patent.An inhaler can be produced at a constant marginal cost of $2 per inhaler.The demand curve,marginal revenue curve,and marginal cost curve for this new asthma inhaler are shown in Figure 12.4.6.The patent gives Prime Pharmaceuticals a monopoly for its new inhaler.If Prime Pharmaceuticals can perfectly price discriminate,deadweight loss is

• A)$16 million.
• B)zero.
• C)$32 million.
• D)$64 million.
• E)$24 million.

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Definitions:

Examining Table

A table designed for patients to lie or sit on during a medical examination or treatment procedure.

ECG Test

A diagnostic tool that records the electrical activity of the heart and is used to detect heart problems.

Fowler's Position

A semi-sitting position used in medical settings where the patient is typically on their back at a 45-60 degree incline to facilitate breathing or for other therapeutic reasons.

Heart Rate

The number of times the heart beats per minute, a key indicator of heart health and physical condition.