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

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