Which of the Following Is TRUE for a Single-Price Monopolist

question 81

Multiple Choice

Which of the following is TRUE for a single-price monopolist?

• A) P > MR
• B) P < MR
• C) P = MR
• D) P = elasticity of demand

---

Definitions:

Biceps Brachii

A muscle of the upper arm that acts to flex the elbow and supinate the forearm.

Musculocutaneous Nerve

A nerve in the arm that innervates the biceps brachii, brachialis, and part of the brachioradialis, providing both motor and sensory functions.

Brachial Plexus

A network of nerve fibers that runs from the spine through the neck, shoulder, arm, and hand, controlling muscle movements and sensations in these areas.

Phrenic Nerve

A nerve that originates in the neck (C3-C5) and innervates the diaphragm, crucial for breathing.