A Monopolist Faces Inverse Demand $P = 400 - 4 Q ^ { d }$

question 41

Multiple Choice

A monopolist faces inverse demand $P = 400 - 4 Q ^ { d }$ and has constant marginal cost $M C = 80$ . If this monopolist engages in first-degree price discrimination, total output will equal:

• A)20 units
• B)40 units
• C)60 units
• D)80 units

---

Definitions:

Sexual Selection

A mode of natural selection where individuals with certain inherited traits are more likely to find a mate and reproduce, often leading to the evolution of traits that enhance mating success.

Attractive Mate

An individual selected based on traits perceived as desirable, enhancing reproductive success in natural and sexual selection.

Disruptive Selection

A type of natural selection that favors extreme values of a trait over intermediate values, leading to two or more contrasting phenotypes in the population.

Stabilizing Selection

Mode of natural selection in which an intermediate form of a trait is adaptive, and extreme forms are selected against.