-If the Monopoly Firm Maximizes Profit,consumers Will Pay

question 31

Multiple Choice

-If the monopoly firm maximizes profit,consumers will pay:

• A)$2.00 per unit and consumer surplus will be $45.
• B)$2.50 per unit and consumer surplus will be $18.75.
• C)$3.50 per unit and consumer surplus will be $11.25.
• D)$3.50 per unit and consumer surplus will be $22.5.

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Definitions:

Unsafe Behaviours

Actions or practices that increase the risk of accidents or injuries in the workplace or other environments.

Emotional Stability

Refers to an individual's ability to maintain calmness and avoid excessive emotional reactions under stress.

Work Performance

The level at which an individual or group executes assigned tasks, measured against predetermined standards or objectives.

Personality Dimension

A characteristic or trait that represents a fundamental aspect of an individual’s personality, often used in psychological assessments.