Use the Figure Below to Answer the Following Questions

question 18

Multiple Choice

Use the figure below to answer the following questions.

Figure 13.4.6
-Prime Pharmaceuticals has developed a new asthma medicine, for which it has a patent. An inhaler can be produced at a constant marginal cost of $2 per inhaler. The demand curve, marginal revenue curve, and marginal cost curve for this new asthma inhaler are shown in Figure 13.4.6. The patent gives Prime Pharmaceuticals a monopoly for its new inhaler. If Prime Pharmaceuticals can perfectly price discriminate, then consumer surplus is

• A)zero.
• B)$24 million.
• C)$64 million.
• D)$44 million.
• E)$32 million.

---

Definitions:

Charlotte Perkins Gilman

A prominent American feminist, sociologist, and writer known for her short story "The Yellow Wallpaper" and her works on women's rights and social reform.

Birds of Passage

Immigrants who moved to America during the late 19th and early 20th centuries intending to work and eventually return to their home countries.

Temporarily

For a limited time period; not permanent.

Progressives

Individuals or a movement advocating for reform and improvements in societal issues like social welfare, workers' rights, and reducing corruption, prominent in the late 19th and early 20th centuries.