The Figure Below Shows the Demand Schedule and Demand Curve

question 39

Multiple Choice

The figure below shows the demand schedule and demand curve for a product produced by a single- price monopolist.
$\begin{array}{cc}\text { Price (\$) } & \begin{array}{l}\text { Quantity } \\\text { Demanded }\end{array} \\\hline 8 & 5 \\7 & 6 \\6 & 7 \\5 & 8 \\4 & 9 \\3 & 10 \\2 & 11\end{array}$
FIGURE 10- 1
-Refer to Figure 10- 1.Suppose this single- price monopolist is initially selling 9 units at $4 each and then reduces the price of the product to $3.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)3; 9; 6
• B)40; 27; - 13
• C)34; 28; - 6
• D)9; 3; - 6
• E)30; 36; 6

---

Definitions:

Behavior-Based

Refers to approaches or interventions grounded in the observation and modification of behavior as the primary method of treating psychological conditions or organizational problems.

Affiliative Leadership

A leadership style focused on creating harmony and building emotional bonds within a team or organization.

Risk Taking

The action of engaging in behaviors or decisions that involve a possibility of negative consequences in the hope of achieving a desired outcome.