Table 15-1 A Monopolist Faces the Following Demand Curve

question 464

Multiple Choice

Table 15-1
A monopolist faces the following demand curve:
Marginal cost is constant at $8 per unit.
-Refer to Table 15-1.The monopolist's total revenue from selling 4 units of output is

• A) $4.
• B) $16.
• C) $32.
• D) $48.

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