Use this table of conversion factors to help you answer the following questions. 
Change 
in. to cm.
Definitions:
Demand Curve
A graph showing the relationship between the quantity of a good consumers are willing to buy and its price.
Marginal Cost
The cost incurred by producing one additional unit of the product.
Monopolist
A Monopolist is a sole provider of a product or service in a market, facing no competition and having the power to control prices and market supply.
Perfect Price Discrimination
A pricing strategy where a seller charges each buyer their maximum willingness to pay, capturing the entire consumer surplus.
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