Use the Following Table to Answer Questions 15 - 18

question 36

Multiple Choice

Use the following table to answer questions 15 - 18
Assume the cost of producing the goods is zero

-What is the total profit to the monopolist from selling the goods separately?

• A)$12,000
• B)$13,000
• C)$11,000
• D)$10,000

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Definitions:

Defective Corporation

A corporation whose incorporation process included an error or omission.

Corporate Status

A legal status that allows a company to operate as its own legal entity, separate from its owners.

Charitable Donations

Voluntary contributions made to nonprofit organizations or causes without expectation of receiving something in return.

Closely Held Corporations

Corporations that have a small group of shareholders with no market for buying or selling company stock. They often involve family businesses.