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

question 16

Multiple Choice

If a monopolist faces an inverse demand curve, p(y) =100 - 2y and has constant marginal costs of $4 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be

• A)$24.
• B)$3,456.
• C)$2,304.
• D)$1,152.
• E)$576.

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Definitions:

Middle Performers

Employees who achieve or exceed the basic requirements of their job roles but do not consistently perform at the highest levels within an organization.

Skills

Specific abilities or expertise that enable a person to perform particular tasks effectively.

Performance Objectives

Specific, measurable goals set for individuals or teams to achieve within a specified timeframe to improve overall performance.

Quantity

The amount or number of a material or immaterial thing not considering its quality or nature.