If a Monopolist Faces an Inverse Demand Curve, P(y) =

question 11

Multiple Choice

If a monopolist faces an inverse demand curve, p(y) = 100 - 2y and has constant marginal costs of $4 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be

• A) $24.
• B) $3,456.
• C) $2,304.
• D) $1,152.
• E) $576.

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