The Diagram Below Shows the Demand Curve Facing a Single-Price

question 84

Multiple Choice

The diagram below shows the demand curve facing a single-price monopolist. FIGURE 10-4
-Refer to Figure 10-4.Suppose the firm is currently at point C on the demand curve,selling 300 units at $40 per unit.If the firm moves to point D,the revenue the firm gives up on the units it was already selling is ________ and the revenue it gains on the additional units sold is ________.

• A)$9000; $9000
• B)$12 000; $12 000
• C)$3000; 4000
• D)$4000; $3000
• E)$3000; $3000

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