The Following Are Demand and Cost Data for a Monopolist

question 64

Multiple Choice

The following are demand and cost data for a monopolist:

$\begin{array} { | c | c | c | c | } \hline &{ \text { Demand Data } } & { \text { Cost Data } } \\\hline \text { Price } & \text { Quantity Demanded } & \text { Output } & \text { Total Cost } \\\hline \$ 5.50 & 3 & 3 & \$ 5.00 \\\hline 5.00 & 4 & 4 & 6.00 \\\hline 4.50 & 5 & 5 & 6.50 \\\hline 3.85 & 6 & 6 & 7.50 \\\hline 3.35 & 7 & 7 & 9.00 \\\hline 2.90 & 8 & 8 & 11.00 \\\hline 2.50 & 9 & 9 & 14.00 \\\hline\end{array}$
-This monopolist will realize a:

• A)profit of $8.50
• B)profit of $7.50
• C)profit of $16.00
• D)loss of $9.50
• E)$15.60

---

Definitions:

Primacy

The state of being first or foremost in importance, or the principle that considers the first information received as most influential.

Nonexclusive Relationships

Relationships in which partners do not expect monogamy from each other, allowing for multiple romantic or sexual relationships.

Polyamory

The practice of engaging in multiple romantic and sexual relationships simultaneously, with the consent of all parties involved.

Affective Disclosures

The process of sharing one's emotions or feelings with others as a form of communication and connection.