Use the Following Table to Answer Questions 23 - 26

question 1

Multiple Choice

Use the following table to answer questions 23 - 26
Assume the cost of producing the goods is zero

-Suppose the monopolist only sold the goods separately.What price will the monopolist charge for Good 2 to maximize revenues for good 2?

• A)$2,300
• B)$2,800
• C)$1,200
• D)$1,700

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Definitions:

Species Diversity

The variety of species within a habitat, ecosystem, or geographic area, encompassing both the number of different species (species richness) and their relative abundance.

Clearing Forest

The process of removing trees and vegetation from wooded areas, often for agricultural or urban development purposes.

Hunting

The practice of pursuing and capturing or killing wild animals for food, sport, or other purposes.

Biodiversity

The variety and variability of life on Earth, encompassing the diversity of species, genes, ecosystems, and ecological processes.