If a Single- Price Monopolist Sets Price Where the Price

question 37

Multiple Choice

If a single- price monopolist sets price where the price elasticity of demand exactly equals 1, its

• A) total revenue is rising, although marginal revenue is falling.
• B) total profits are at a maximum.
• C) marginal revenue is always positive.
• D) total revenue is falling.
• E) total revenue is at its maximum.

---

Definitions:

White Nationalist Movement

A political and social movement characterized by the belief in the superiority of the white race and advocating for the separation and dominance of white people.

Civil Rights Movement

A decades-long movement with the goal of securing legal rights for African Americans that other Americans already held, peaking in the 1950s and 1960s.

Internet Presence

The visibility or existence of an individual, business, or any entity online, often measured by how easily they can be found through search engines and social media.

Post-racial

A theoretical environment or society in which racial categories and discrimination no longer exist, or are considered irrelevant.