The Figure Below Shows the Demand Schedule and Demand Curve

question 103

Multiple Choice

The figure below shows the demand schedule and demand curve for a product produced by a single- price monopolist.
$\begin{array}{ll}\text { Price (\$) } & \begin{array}{l}\text { Quantity } \\\text { Demanded }\end{array} \\\hline n & 5 \\7 & 6 \\6 & 7 \\5 & 8 \\4 & 9 \\3 & 10 \\2 & 11\end{array}$
FIGURE 10- 1
-Refer to Figure 10- 1.Suppose this single- price monopolist is initially selling 5 units at $8 each and then reduces the price of the product to $6.By making this change,the firm is giving up revenue of on the original number of units sold and gaining revenue of _ on the additional units sold.Its marginal revenue is therefore .(All figures are dollars.)

• A)10; 12; 2
• B)5; 7; - 2
• C)14; 14; 0
• D)38; 40; 2
• E)8; 6; 2

---

Definitions:

Thalamus

A structure in the brain that acts as a relay station for sensory and motor signals to the cerebral cortex, playing a key role in processing and transmitting information.

Memory

The cognitive function that allows an individual to store, retain, and recall information from past experiences.

Saint-John's-Wort

A herbal plant traditionally used in the treatment of mild to moderate depression, though its efficacy and safety are subjects of ongoing research.

Depression

A mental health disorder marked by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.