Figure: Monopolist 5

question 118

Multiple Choice

Figure: Monopolist 5
In these figures, the markup of price over marginal cost for the relatively inelastic demand is ______, and the markup of price over marginal cost for the relatively elastic demand is ______.

• A) $10; $2
• B) $15; $7.50
• C) $7.50; $3
• D) $5; $1

---

Definitions:

Collagen

A structural protein found in the skin, bones, and connective tissues, providing strength and elasticity.

Immunity

The body's ability to resist or defend against infectious diseases and foreign substances, involving both specific and nonspecific components like antibodies and white blood cells.

Hydroxyapatite

Mineral with the empiric formula 3 Ca3(PO4)2 ∙ Ca(OH)2; the main mineral of bone and teeth.

Collagen

A protein that is the primary structural component of connective tissues in animals and the most abundant protein in mammals.