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

question 13

Multiple Choice

If a monopolist faces an inverse demand curve, p(y) = 100 - 2y and has constant marginal costs of $16 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be

• A) $21.
• B) $1,764.
• C) $2,646.
• D) $882.
• E) $441.