Refer to the Following Table to Answer the Following Questions

question 110

Multiple Choice

Refer to the following table to answer the following questions:

-Isabelle is the only provider of bottled water for three cities.Because she has access to a natural spring,the marginal cost to produce an additional bottle is $0.As she knows,firms discriminate to improve profits.How much would her firm earn in additional profit if she practiced price discrimination across cities,charging a different price in each city versus charging everyone a single price?

• A) $9
• B) $10
• C) $20
• D) $30
• E) $5

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Definitions:

Protein Synthesis

The process by which cells build proteins based on the genetic instructions provided by DNA and mediated by RNA.

Intrinsic Factor

A glycoprotein secreted by the stomach's parietal cells necessary for the absorption of vitamin B12 in the small intestine.

Vitamin B12

An essential nutrient important for maintaining nerve cells and aiding in the production of DNA and red blood cells.

Gastric Motility

The process of muscular contractions that mix and propel contents through the stomach.