Suppose That the Demand for a Monopolist's Product Is Estimated

question 36

Multiple Choice

Suppose that the demand for a monopolist's product is estimated to be Q^d = 100 − 2P and its total costs are C(Q) = 10Q.Under first-degree price discrimination,the optimal price(s) ,number of total units exchanged,profit,and consumer surplus are:

• A) P = $30; Q = 40,  = $800; CS = $400.
• B) 10  P  100; Q = 80;  = $1,600; CS = $1,600.
• C) 10  P  50; Q = 80,  = $1,600; CS = $0.
• D) P = $30; Q = 40,  = $600; CS = $0.

---

Definitions:

Crisis Shelter

A safe place providing immediate temporary housing and support services to individuals facing homelessness, violence, or emergencies.

Becoming Pregnant

The process of conception resulting in the development of an embryo or fetus inside a woman's uterus.

Registered Nurse

A healthcare professional who has completed the required education and licensure to provide patient care and support.

Preceptor

An experienced practitioner or faculty member who supervises and guides students or less experienced staff in a specific field of practice.