Refer to the Table Shown, Which Shows the Demand Schedule

question 210

Multiple Choice

Refer to the table shown, which shows the demand schedule for a product sold by a monopolist. Marginal revenue is negative: $$\begin{array}{l}\begin{array} { | c | c | } \hline\text { Price d product(\$) }&\text { Quantity demanded per year }\\ \hline \$ 14 & 3 \\\hline \$ 12 & 4 \\\hline \$ 10 & 5 \\\hline \$ 8 & 6 \\\hline \$ 6 & 7 \\\hline\end{array}\end{array}$$

• A) when price is $10.
• B) when price is above $10.
• C) when price is below $10.
• D) for every price.

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