Table 15-4 Shakti Inc. Has Been Granted a Patent for Its Arnica

question 54

Multiple Choice

Table 15-4

Shakti Inc. has been granted a patent for its Arnica toothache balm. Table 15-4 shows the demand and the total cost schedule for the firm.
-Refer to Table 15-4.What is the amount of the deadweight loss generated by Shakti when it produces the monopoly output?

• A)$124
• B)$42
• C)$36
• D)$12

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Manager

An individual responsible for directing and overseeing the work of a group of people in an organization.

Company

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Primary

First in order of importance or sequence; the main or most significant element.