Refer to the Demand and Cost Data for a Pure

question 235

Multiple Choice

Refer to the demand and cost data for a pure monopolist given in the table. If the monopolist perfectly price-discriminated and sold each unit of the product at the maximum price the buyer of that unit would be willing to pay, and if the monopolist sold 4 units, then total revenue would be

• A)$600.
• B)$900.
• C)$1,000.
• D)$1,400.

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