If a Monopolist Faces an Inverse Demand Curve, P(y)= 100

question 11

Multiple Choice

If a monopolist faces an inverse demand curve, p(y) = 100 - 2y and has constant marginal costs of $16 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be

• A)$21.
• B)$1,764.
• C)$2,646.
• D)$882.
• E)$441.

---

Definitions:

Echoing User Input

The act of receiving input from the user and then displaying it back to the user, often used for verification or confirmation.

Good Practice

A conventional method or technique that is considered effective and beneficial in a certain context, often based on experience rather than formal rules.

Java Console Application

A Java program that runs in a text-based console environment, typically executing tasks and returning text output.

Displays Result

Refers to the action of showing the output or outcome of a program's execution to the user.