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

question 51

Multiple Choice

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

• A) 0
• B) 1,600
• C) 3,200
• D) 12,800

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Definitions:

Hydrocephaly

A condition characterized by excessive accumulation of cerebrospinal fluid in the brain's ventricles, leading to increased intracranial pressure and head enlargement.

Cerebrospinal Fluid

A clear, colorless body fluid found in the brain and spinal cord, providing cushioning and serving various functions in the central nervous system.

Ependymal Cells

Glial cells lining the ventricles of the brain and the central canal of the spinal cord, involved in the production and circulation of cerebrospinal fluid.

Satellite Cells

Specialized cells located in the muscle that play a role in the repair and regeneration of damaged skeletal muscle tissue.