Table 17-10 the Table Shows the Town of Driveaway's Demand Schedule for Schedule

question 301

Multiple Choice

Table 17-10
The table shows the town of Driveaway's demand schedule for gasoline. Assume the town's gasoline seller(s) incurs a cost of $2 for each gallon sold, with no fixed cost.

-Refer to Table 17-10.If the market for gasoline in Driveaway is a monopoly,then the profit-maximizing monopolist will charge a price of

• A) $6 and sell 100 gallons.
• B) $5 and sell 150 gallons.
• C) $4 and sell 200 gallons.
• D) $3 and sell 250 gallons.

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