Refer to the Table Shown, Which Shows the Demand Schedule

question 132

Multiple Choice

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

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

---

Definitions:

Environmental Laws

Regulations and standards aimed at protecting the environment by controlling pollution, conserving natural resources, and ensuring sustainable development.