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.

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Definitions:

Inspiratory Reserve Volume (IRV)

The maximum volume of air that can be inhaled beyond the normal tidal volume inhalation, used in pulmonary function testing.

Expiratory Reserve Volume (ERV)

The maximum volume of air that can be forcibly exhaled after the expiration of a normal tidal volume.

Expiratory Capacity (EC)

The maximum volume of air that can be exhaled after a normal inhalation.

Tidal Volume (TV)

Tidal Volume refers to the amount of air inhaled or exhaled during normal breathing.