Answer the Question on the Basis of the Accompanying Table

question 205

Multiple Choice

Answer the question on the basis of the accompanying table, which shows the demand schedule facing a nondiscriminating monopolist. $\begin{array}{|c|c|}\hline \mathrm{P} & \mathrm{Qd} \\\hline \$ 10 & 1 \\\hline 7 & 2 \\\hline 5 & 3 \\\hline 3 & 4 \\\hline 1 & 5 \\\hline\end{array}$ The profit-maximizing monopolist will sell at a price

• A) of $10.
• B) of $7.
• C) of $5.
• D) that cannot be determined with the information provided.

---

Definitions:

Selection Button

A user interface element, such as a radio button or checkbox, that allows users to make choices or selections.

Yes/No Field

A data field in databases or software applications that only accepts boolean values—yes or no.

Query Design View

A graphical interface in database software that allows users to create and modify queries by arranging tables, fields, and criteria visually.

Field Selector

A tool or mechanism in software applications allowing users to choose specific fields or columns from a database or dataset for viewing or manipulation.