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

question 27

Multiple Choice

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

• A)0
• B)1,600
• C)3,200
• D)12,800

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Definitions:

Spore

A reproductive cell that gives rise to individual offspring in plants, fungi, and certain algae and protozoa.

Vascular Tissues

Specialized tissues in plants involved in the transport of water and nutrients.

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