Suppose the Table Below Describes the Demand for a Good

question 30

Multiple Choice

Suppose the table below describes the demand for a good produced by monopolist. $$\begin{array} { | c | c | } \hline \text { Price } & \text { Quantity } \\\hline \$ 10 & 1 \\\hline \$ 9 & 2 \\\hline \$ 8 & 3 \\\hline \$ 7 & 4 \\\hline \$ 6 & 5 \\\hline \$ 5 & 6 \\\hline \$ 4 & 7 \\\hline\end{array}$$ The total revenue from selling 6 units is ______, and the marginal revenue of selling the 6^th unit is ______.

• A)$5; 5
• B)$30; 0
• C)$24; $5
• D)$30; $1

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Definitions:

Trans-1,4-Dipropylcyclohexane

A chemical compound featuring a cyclohexane ring with propyl groups attached at the 1 and 4 positions in a trans configuration.

Stable Conformation

The spatial arrangement of atoms in a molecule that is energetically favorable and has lower internal strain.

Cis-1,4-Dipropylcyclohexane

A cyclohexane derivative where two propyl groups are positioned on the same side of the cyclohexane ring at the 1st and 4th positions.

Stable Conformation

A molecular arrangement that is in a low energy state, making it less reactive and more resistant to changes.