Table 15-18 Tommy's Tie Company, a Monopolist, Has the Following Cost and Cost

question 349

Multiple Choice

Table 15-18
Tommy's Tie Company, a monopolist, has the following cost and revenue information. Assume that Tommy's is able to engage in perfect price discrimination.

-Refer to Table 15-18.If the monopolist can engage in perfect price discrimination,what is the average revenue when 7 ties are sold?

• A) $90
• B) $100
• C) $110
• D) $130

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