Suppose That a Single- Price Monopolist Knows the Following Information

question 98

Multiple Choice

Suppose that a single- price monopolist knows the following information: $\begin{array}{|l|l|l|l|l|l|l|l|}\hline \text { Price } & \text { Quantity } & \text { TR } & \text { MR } & \text { Fixed Cost } & \text { TC } & \text { ATC } & \text { MC } \\\hline \$ 9.00 & 1500 & & \$ 4.00 & \$ 7000 & & \$ 7.00 & \$ 5.00 \\\hline\end{array}$ The total profit being earned by this firm at the current level of output is

• A)$1500.
• B)$6500.
• C)$13 500.
• D)$10 500.
• E)$3000.

---

Definitions:

Left-Side Weakness

A condition resulting in reduced strength or paralysis on the left side of the body, often caused by a stroke or brain injury.

Admission

The act of entering into a facility or institution for a specific purpose, such as hospitalization or enrollment in an educational program.

Health Maintenance

The practice of adopting lifestyle and medical strategies to prevent disease, prolong life, and promote physical and mental well-being.

Chronic Health Problems

Long-standing, persistent health conditions that manage rather than cured, often requiring ongoing treatment and management.