A Monopolist Faces the Demand Function Q =4,000/(p +6)^-2

question 5

Multiple Choice

A monopolist faces the demand function Q =4,000/(p +6) ^-2.If she charges a price of p, her marginal revenue will be

• A)p/2 + 6.
• B)-2(p + 6)^-3.
• C)2/p + 3.
• D)p/2 - 6/2.
• E)(p + B)^-2.

---

Definitions:

Television Ownership

The state or fact of owning a television set, often considered in studies related to media consumption habits.

Per Capita GDP

A measure of a country's economic output that accounts for its number of people, essentially dividing the GDP by the population.

Scatterplot

A graph that uses dots to represent values obtained for two different variables, showing the relationship between them.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.