SCENARIO: DISCRIMINATING MONOPOLIST The Demand Curve in Its Home Market Is P =

question 133

Multiple Choice

SCENARIO: DISCRIMINATING MONOPOLIST
The demand curve in its home market is P = 200 - Q; the demand
Curve in its foreign market is P = 160 - 2Q; and its marginal cost is a
Constant $20 per unit.
Reference: Ref 9­9
(Scenario: Discriminating Monopolist) What is the discriminating
Monopolist's profit­maximizing output in the foreign market?

• A)90
• B)110
• C)70
• D)35

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Definitions:

Scopes Trial

A landmark American legal case in 1925 that debated the legality of teaching evolution in public schools.

Freedom

The condition or right of being able to act, speak, or think as one wants without hindrance or restraint.

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Large business entities operating within the United States, which are often involved in various sectors of the economy including technology, manufacturing, and services.

Scopes Trial

A 1925 court case in Tennessee that challenged a law against teaching human evolution in public schools, highlighting a clash between science and religious fundamentalism.