The Table Given Below Shows the Price,marginal Revenue and Marginal

question 76

Multiple Choice

The table given below shows the price,marginal revenue and marginal cost of a monopolist at different levels of the output.The firm does not incur a fixed cost of production. Table 10.4

- Refer to Table 10.4 and calculate the total revenue earned by the monopolist at the profit maximizing level of output.

• A)$60.
• B)$16.
• C)$52.
• D)$42.
• E)$30.

---

Definitions:

Net Present Value

A calculation that compares the present value of cash inflows to the present value of cash outflows over a period of time, used in capital budgeting to assess the profitability of an investment.

Cash Inflows

Money coming into a business from various sources, including sales, financing, and investments.

Salvage Value

The estimated resale value of an asset at the end of its useful life.

Total Cost Approach

The total cost approach considers all possible costs associated with a decision or project, from production to shipping, to evaluate profitability thoroughly.