For a Single-Price Monopolist to Sell One More Unit of a Good

question 595

Multiple Choice

For a single-price monopolist to sell one more unit of a good, it must

• A) lower the price on just the last unit sold.
• B) lower the price on all units sold.
• C) raise the price on just the last unit sold.
• D) raise the price on all units sold.

---

Definitions:

Caregivers

Individuals who provide care and assistance to those in need, such as children, the elderly, or the sick.

Racial

Pertaining to race or ethnicity, often used in the context of discussing diversity, ethnicity, and social dynamics.

Ethnic Groups

Collections of individuals who share common cultural, linguistic, or ancestral traits, distinguishing them from other groups.

Caregiver

Someone responsible for attending to the needs of a person who is elderly, sick, or disabled.