A Profit Maximizing Monopolist Will Change Its Price in Response

question 39

Multiple Choice

A profit maximizing monopolist will change its price in response to all but which one of the following?

• A)increase in its FC
• B)an increase in a sales tax imposed on its product
• C)a rightward shift in its demand curve
• D)an upward shift in its variable cost curve

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Definitions:

Synaptic Vesicles

Membrane-bound sacs within presynaptic neurons that store neurotransmitters, which are released into the synaptic cleft to transmit signals to other neurons.

Neurotransmitter

Chemical substances released at the end of a nerve fiber by the arrival of a nerve impulse and, by diffusing across the synapse, causes the transfer of the impulse to another nerve fiber, a muscle fiber, or some other structure.

Ion

An atom or molecule with a net electric charge due to the loss or gain of one or more electrons, essential in a wide array of biological processes.

Acetylcholinesterase

Enzyme found in the synaptic cleft that causes the breakdown of acetylcholine to acetic acid and choline, thus limiting the stimulatory effect of acetylcholine.