A Profit-Maximizing Monopolist Faces the Demand Curve Q = 100

question 47

Multiple Choice

A profit-maximizing monopolist faces the demand curve q = 100 - 3p.It produces at a constant marginal cost of $20 per unit.A quantity tax of $10 per unit is imposed on the monopolist's product.The price of the monopolist's product

• A)rises by $5.
• B)rises by $10.
• C)rises by $20.
• D)rises by $12.
• E)stays constant.

---

Definitions:

Classroom

A room or space specifically designated for teaching and learning activities.

Classroom Arrangement

The organization and layout of physical space and furniture within a classroom to optimize learning and manage behavior.

Minimize Distractions

Strategies or measures taken to reduce the presence or impact of distractions in a particular environment, enhancing focus and productivity.

Environmental Impact

The effect that human activities or natural processes have on the natural environment and its ecosystems.