A Monopolist Faces Inverse Demand $P = 400 - 4 Q ^ { d }$

question 33

Multiple Choice

A monopolist faces inverse demand $P = 400 - 4 Q ^ { d }$ and has constant marginal cost $M C = 80$ . If this monopolist engages in first-degree price discrimination, total output will equal

• A) 20 units
• B) 40 units
• C) 60 units
• D) 80 units

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