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

question 41

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 price in the domestic market?

• A)$90
• B)$110
• C)$70
• D)$35

Learn about real and personal defenses applicable to negotiable instruments.

Identify the legal consequences of failing to present a check within specified time frames.

Understand fraudulent inducement and fraud in the factum within the context of negotiable instruments.

Grasp the concept of holder in due course and its implications for liability and defense.

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Definitions:

OPEC

The Organization of the Petroleum Exporting Countries, an intergovernmental organization of oil-exporting countries that coordinates and unifies petroleum policies among Member Countries.

Quadrupled

To increase or be increased fourfold.

Misery Index

An economic indicator that adds the unemployment rate to the inflation rate, purportedly to measure the health of an economy and the discomfort it may cause its citizens.

Rapidly

Describes something happening in a fast or quick manner.