The Demand Curve Facing a Monopolist Is D(p) =

question 16

Multiple Choice

The demand curve facing a monopolist is D(p) = if p is 20 or smaller and D(p) = 0 if p > 20. The monopolist has a constant marginal cost of $1 per unit produced. What is the profit-maximizing quantity of output for this monopolist?

• A) 4
• B) 3
• C) 2
• D) 5
• E) It cannot be determined from the information given.

---

Definitions:

Fraternal

pertaining to brothers; showing a close and supportive relationship like that between brothers.

Fertilization

the process of a sperm cell uniting with an egg cell, resulting in the formation of a zygote and the beginning of pregnancy.

Ova

The female reproductive cells in animals and plants; egg cells in humans.

Genetics

The branch of biology that studies genes, genetic variation, and heredity in organisms.